By Clarence Leong
Ganfeng Lithium Co. has inked a contract with Tesla Inc. to supply the electric-car maker with battery products from 2022 to 2024.
The Chinese lithium producer and its unit GFL International Co. will supply battery-grade lithium hydroxide products to Tesla, Ganfeng Lithium said Monday.
Ganfeng Lithium didn't disclose details but referred to purchasing orders from Tesla for actual volumes and prices.
It said that the contract is beneficial for strengthening its "long-term stable collaboration" with Tesla.
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(END) Dow Jones Newswires