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Stellantis secures lithium supply from California for EV batteries

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Stellantis has secured up to 25,000 metric tons of lithium per year thanks to a deal struck with Controlled Thermal Resources Ltd (CTR).

Stellantis NV has secured lithium essential for its electric vehicle production in North America from a project in California, as carmakers worldwide scramble to secure supply of the battery metal key to the electric vehicle revolution.

Controlled Thermal Resources Ltd (CTR) will supply the owner of Jeep and Peugeot with up to 25,000 metric tons per year of lithium hydroxide over the 10-year term of the agreement, Stellantis said on Thursday.

CTR, which operates in California's Salton Sea, is also developing a geothermal lithium brine project to meet General Motors Co's lithium needs.
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