Toyota Motors is boosting its US EV capacity with a new supply agreement with Ioneer LTD’s Rhyolite Ridge mining project. According to the new deal, Ioneer will supply 4,000 tonnes of lithium carbonate annually to the Toyota-Panasonic battery venture.
Lithium, a critical component of EV batteries, is in high demand as electric vehicle sales continue to break records. The deal comes as a newly…
