Stellantis, Controlled Thermal in Lithium Hydroxide Deal

The Stellantis sign outside the Chrysler Technology Center, in Auburn Hills, Mich. on Jan. 19, 2021. Carlos Osorio/AP Photo

Automaker Stellantis has reached a deal to have Controlled Thermal Resources Ltd. supply battery-grade lithium hydroxide for its electric vehicles in North America.

CTR will supply Stellantis, the company that combined PSA Peugeot and Fiat Chrysler, with up to 25,000 metric tons per year of lithium hydroxide over the 10-year term of the agreement.