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Australia's Liontown Resources to revise Tesla offtake deal pricing, in talks with Ford
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Australia's Liontown Resources to revise Tesla offtake deal pricing, in talks with Ford
Sep 29, 2025 5:22 PM

Sept 30 (Reuters) - Liontown Resources ( LINRF ) said on

Tuesday that it has agreed with Tesla to make changes

to the pricing mechanism in their long-term offtake agreement.

The pricing changes come as the lithium miner looks to move

away from lithium hydroxide indices to spodumene concentrate,

part of its bigger goal to be exposed to a "basket" of pricing

references across main lithium products such as lithium

hydroxide, lithium carbonate and spodumene concentrate.

Liontown clarified that there will not be any changes to the

remaining volumes under the agreement for the remainder of the

term, which ends in 2029.

The company is also in talks with Ford Motor ( F ) to revise

their offtake and loan agreements, which Liontown said could

change contract quantities, purchase commitments for future

deliveries, and re-profiling of debt arrangements.

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