Albemarle Corporation has made an agreement with BMW Group to deliver battery-grade lithium to help the automaker pursue high-performance, premium electric vehicles (EVs).
The multi-year agreement, which takes effect in 2025, is one of the company’s largest ever globally and is of significant volume and value. In addition to supplying the BMW Group with lithium hydroxide, the two companies will partner on technology for safer and more energy dense lithium-ion batteries.
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