Briefing: LG Energy backs North American cobalt with Electra supply deal to 2029

Summary

• Deal extends to 2029, ensuring stable cobalt supply.
• Supports North American battery manufacturing.
• Cobalt is essential for electric vehicle batteries.

Key Facts

Fact	Value
Company	LG Energy
Partner	Electra
Contract Duration	Until 2029

Sources

• Mining & Resources: https://news.google.com/rss/articles/CBMiuAFBVV95cUxPenlyV0JpOXlhT2l2anF0elVNNFdGX1N3Q0NYdFlJQ1Y1LW9NdTY4X2hpN18yNWg2VGhBTy0wTlBZTlNsbkNlb2t1SzFNOFdOanpUd2V1d2ZFVjhoWHdOUEJ2NGNaS1ZFZEhvaU5Xd0s4WG04ZFB0TmNfcmZNUF9xMWxLZlR1WWdUaW5UbDZRNUVVSzRqQl9vRm1jOFpoT2tjbS0wek5TejdXV3FZMWphcXhJUDlxcFVl?oc=5