VW is already sold out of some electric models for the year

"In principal we have agreed on conditions, whatever the materials, we are going to process them here," mines and energy minister said.

Syrah plans to expand its Louisiana graphite anode plant fourfold after being selected for a $219.8 million grant.

NMG will use the proceeds of the investment to support the finalization of the design, operation, marketing and corporate parameters of the Phase 2 commercial integrated operations.

Tesla stock has dropped 37% this year.

Tesla is moving forward in a bid to gain more control over the supply chain for electric vehicle batteries.

The miner said its unit has been selected for a grant of up to $220 million by the US Department of Energy.

The European Commission is weighing a proposal by the European Chemicals Agency that would classify lithium carbonate, chloride and hydroxide as dangerous for human health.

The Biden administration is awarding $2.8 billion in grants to boost US production of electric vehicle batteries and the minerals used to build them.

Talon has been selected as a recipient of the first set of projects funded by US President Biden's Bipartisan Infrastructure Law to expand domestic manufacturing of batteries for electric vehicles.