Tesla (TSLA) signs lithium supply agreement with North Carolina project, sends stock up 200%
September 28, 2020
Tesla has signed a lithium supply agreement with Piedmont Lithium’s North Carolina project — sending the stock price of the latter up 200%.
Piedmont Lithium, an Australia-based junior lithium mining company developing a project in North Carolina, announced that it signed a deal with Tesla.
The company wrote in a press release:
“The Agreement is for an initial five-year term on a…