PLL News: Piedmont (PLL) Amends Lithium Supply Agreement With Tesla - 5th Jan 2023, 12:36am

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Piedmont Lithium Inc. PLL announced that it amended its agreement with Tesla Inc. TSLA to supply spodumene concentrate ("SC6") from North American Lithium.

Under the new agreement, Piedmont will supply about 125,000 metric tons of lithium concentrate to Tesla, starting from the second half of 2023 through the end of 2025. Piedmont's pricing will be determined by market prices at the time of each shipment, unlike the previous agreement with locked-in prices.

The new agreement is enforceable for...

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