Junior miner Lake Resources, carmaker Ford sign MoU for lithium offtake

By Dalila Ouerghi
Published: Monday, 11 April 2022

Australia-based miner Lake Resources has signed a non-binding Memorandum of Understanding (MoU) with US carmaker Ford for the offtake of about 25,000 tonnes per year of lithium from the miner’s Kachi project in Argentina, it said on Monday April 11.

The agreement with the carmaker followed a recently announced non-binding agreement between Lake Resources and Japanese trading company Hanwa to provide for an offtake of as much as 25,000 tpy...

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