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Tesla lights fire under lithium miners

Yes, storm clouds are casting a giant shadow over the sector, but there is good news out there for lithium producers, with two companies clinching a deal with Tesla, the US electric car manufacturer, providing welcome relief from the endless pipeline of gloom and doom.

Rare Earth Minerals (REM) and Bacanora Minerals, the joint venture partners of the Sonora lithium project in northern Mexico, have finalised a conditional long-term lithium hydroxide supply agreement