GM partners with CTR to secure lower-cost lithium for next-generation EV batteries
7 July 2021
Detroit, Michigan-headquartered automobile giant General Motors (GM) has announced a strategic commercial partnership with Controlled Thermal Resources Limited (CTR) to secure lower-cost lithium for the development of its next-generation EV batteries in the U.S.
CTR is a major player in lithium resource & renewable energy segment. It is in an advanced stage of developing a battery-grade direct lithium extraction & conversion facility, called Hell’s Kitchen Lithium Co. as well as a renewable energy power plant, called Hell’s Kitchen Power Co., in California’s Imperial Valley. According to the company’s claims, these upcoming facilities will set new environmental standards in terms of extraction and delivery of battery-grade lithium.
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