Tesla Lithium Deal With Australian Miner Lapses

FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS

A slated deal for the sale of lithium to electric car giant Tesla from Australia’s Core Lithium has been quietly shelved.

“I want to thank Tesla for the time taken to negotiate with Core and look forward to maintaining an open and ongoing dialogue,” said CEO Gareth Manderson in an announcement (pdf) on Oct. 27.