LITHIUM and cobalt from Australia will be used by German car giant BMW in fifth-generation battery cells for high-voltage batteries under a contract signed between BMW and Chinese lithium miner Ganfeng late last year.
BMW's fifth generation electric powertrain technology
The five-year contract is worth about $873 million. According to BMW's Dr Andreas Wendt, the signing secures BMW all the lithium hydroxide it needs for the battery cells. Wendt said BMW wanted to...
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