{"id":2315,"date":"2023-05-22T06:44:51","date_gmt":"2023-05-22T10:44:51","guid":{"rendered":"https:\/\/nemaskalithium.com\/?p=2315"},"modified":"2023-05-22T06:49:51","modified_gmt":"2023-05-22T10:49:51","slug":"ford-and-nemaska-lithium-enter-long-term-lithium-hydroxide-supply-agreement","status":"publish","type":"post","link":"https:\/\/nemaskalithium.com\/en\/ford-and-nemaska-lithium-enter-long-term-lithium-hydroxide-supply-agreement\/","title":{"rendered":"Ford and Nemaska Lithium enter long-term lithium hydroxide supply agreement"},"content":{"rendered":"[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_direction_desktop=&#8221;default&#8221; column_element_spacing=&#8221;default&#8221; desktop_text_alignment=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_backdrop_filter=&#8221;none&#8221; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; column_position=&#8221;default&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]\n<ul>\n<li><strong>Ford to become Nemaska Lithium\u2019s first customer and will use lithium hydroxide produced at the B\u00e9cancour facility for manufacturing its electric vehicle batteries.<\/strong><\/li>\n<li><strong>Both companies share a commitment to the development of a sustainable and socially responsible North American battery supply chain.<\/strong><\/li>\n<\/ul>\n<p>Ford Motor Company (\u201cFord\u201d) has entered into a long-term agreement with Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period. The agreement calls for the delivery of up to 13,000 tons of lithium hydroxide per year. The agreement also provides that prior to commencing delivery of lithium hydroxide produced in B\u00e9cancour, Nemaska Lithium will supply Ford with spodumene concentrate from its Whabouchi mine. Nemaska Lithium\u2019s integrated project is planned to be the first one to produce lithium hydroxide in Qu\u00e9bec.<\/p>\n<p>\u201cWe are proud to work with Nemaska Lithium and its partners, Livent and Investissement Qu\u00e9bec. The Nemaska Lithium project will be a sustainable source of lithium, supporting Ford\u2019s ability to scale and helping us make EVs more accessible and affordable over time to millions of customers,\u201d said Lisa Drake, Ford\u2019s vice president of EV Industrialization, Model e.<\/p>\n<p>Nemaska Lithium is committed to the manufacturing and sale of high-quality battery-qualified lithium hydroxide and, like Ford, is committed to establishing sustainable and responsible practices in all its operations. The lithium hydroxide that will be produced by the Qu\u00e9bec company will meet high standards of quality and sustainability, with one of the lowest carbon footprints in the lithium industry. The lithium hydroxide produced by Nemaska Lithium should help qualify Ford vehicles for consumer tax benefits under the U.S. Inflation Reduction Act.<\/p>\n<p>\u201cWe are honored to have Ford as a major customer of Nemaska Lithium. This long-term agreement with a global leader in the automotive industry and in the development of electric vehicles is a tribute to the strength of Nemaska Lithium\u2019s project and the quality of the product we will supply. It also strengthens our position as a major player in the development of the battery industry in Qu\u00e9bec and Canada,\u201d said Gervais Jacques, Chairman of the Board of Directors of Nemaska Lithium.<\/p>\n<p>Nemaska Lithium is owned in equal parts by Investissement Qu\u00e9bec, the economic development agency of the Qu\u00e9bec government, and Livent (NYSE: LTHM), a global leader in lithium technology. With its proven expertise as a supplier of lithium chemicals for nearly 80 years, Livent was appointed by Nemaska Lithium\u2019s Board of Directors to undertake, on an exclusive basis, the sales and marketing efforts for Nemaska Lithium\u2019s products. In addition, Livent is helping Nemaska Lithium with planning and construction management of both the Whabouchi and B\u00e9cancour sites.<\/p>\n<p>\u201cWe are excited to support Qu\u00e9bec in its development of a domestic battery supply chain, and to develop a relationship with Ford as it focuses on developing electric vehicles built on a strong, North American supply chain,\u201d added Paul Graves, President and Chief Executive Officer of Livent and Board Member of Nemaska Lithium.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>For further information<\/strong><br \/>\n<strong>Nemaska Lithium<\/strong><br \/>\nLouis-Martin Leclerc<br \/>\nTACT<br \/>\nCell : 418-693-2425<br \/>\nlmleclerc@tactconseil.ca<\/p>\n<p><strong>Ford Motor Company<\/strong><br \/>\nJennifer Flake<br \/>\nExecutive Director, Communications<br \/>\nCell : 313-903-0429<br \/>\nJflake1@ford.com[\/vc_column_text][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"<p>[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_direction_desktop=&#8221;default&#8221; column_element_spacing=&#8221;default&#8221; desktop_text_alignment=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_backdrop_filter=&#8221;none&#8221; column_shadow=&#8221;none&#8221;&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[32],"tags":[],"class_list":{"0":"post-2315","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-press-release"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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