Carbon-conscious mining company Snow Lake Lithium and battery production specialist LG Energy Solution announced they have signed a Memorandum of Understanding (MOU) to establish a domestic supply chain of lithium in North America. When Snow Lake’s lithium mining operation gets up and running in 2025, it plans to supply LG with the precious Earth material essential to current EV battery chemistry. This domestic supply chain could help several automakers qualify for US federal tax credits as well.
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Source: Charge Forward
