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SK On to buy lithium from Australia firm Lake Resources

South Korea’s SK On Co., Ltd. (SK On) announced that it has acquired a 10% stake in the Australian resource company Lake Resources NL (Lake Resources) and signed a contract to purchase a total of 230,000 tons of high-purity lithium. The supply will start in the fourth quarter of 2024 and continue for up to 10 years. ....

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