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VW’s PowerCo SE partners with Patriot Battery Metals, Canada to secure lithium supply for North American and European Gigafactories
On December 18, Volkswagen announced that its battery company PowerCo SE has formed a strategic partnership with Patriot Battery Metals Inc., Canada. Volkswagen is investing USD 48 million to acquire 9.9% of Patriot’s shares. The partnership includes a 10-year offtake agreement for 100,000 tonnes of spodumene concent....
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