Mercedes Benz to buy 10k tonnes lithium from Rock Tech.
Canada's Rock Tech has agreed to deliver 10k tonnes of lithium/year from 2026 onwards.
Rock Tech will produce high quality lithium hydroxide for Mercedes Benz and its battery partners.
The two companies made the announcement during a visit to Canada by a business delegation.
Mercedes Benz is looking to become fully electric by the end of the decade.
Rock Tech expects to become a central implementation partner for the Mercedes Benz.
Rock Tech is currently developing its first converter project in Guben, Germany.
This would create a short supply chain which is expected to further strengthen the partnership.