Core and Tesla execute Binding Term Sheet for Lithium supply
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Core Lithium Ltd has entered into a binding Term Sheet with Tesla for the supply of lithium spodumene concentrate from its Finniss Lithium Project. The agreement allows Core to supply a significant quantity of spodumene concentrate to Tesla over a four-year period, with pricing linked to market rates. Tesla will also support Core in developing its lithium chemical processing capacity. The Term Sheet is contingent upon the execution of a definitive agreement.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Core Lithium
- Acquisition of Prospective MLs adjacent Finniss Completed
- Broad High-grade Lithium Intersections extend BP33
- Quarterly Activities and Cashflow Report 31 December 2021
- Core Acquires six Highly Prospective MLs Adjacent Finniss
- Construction Commences on Australias Newest Lithium Project
Later from Core Lithium
- S&P DJI Announces March 2022 Quarterly Rebalance
- High-Grade Lithium Intersections at Carlton
- Half-year Report
- Finniss Lithium Project Exploration Update
- Finniss Project Development Update
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