On June 17th, Gelunhui reported that SQM, the world's second largest lithium producer and a lithium mining company in Chile, announced on Monday that it has reached a long-term supply agreement with Hyundai and Kia. SQM has previously reached supply agreements with Ford Motor and battery manufacturer LG Energy. SQM did not provide financial details of its transaction with South Korean auto manufacturers, but stated that it has "strong motivation to continue its lithium hydroxide expansion plan."
智利锂矿商SQM与现代和起亚达成长期供应协议
Chilean lithium mining company SQM has reached a long-term supply agreement with Hyundai and Kia.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.