VUL signs binding lithium offtake agreement with Renault

Company announcement today with the agreement in line with Renault Group’s ambition to offer ‘made in Europe’ cars. Following the launch of Renault ElectriCity – a new production unit for electric vehicles in Europe –Renault will purchase between 26,000 to 32,000 metric tonnes of battery grade lithium chemicals over the duration of the agreement.

Lets hope it runs as well as the last two times I looked at it.

Fingers crossed. Buyer beware.