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ioneer Signs Binding Lithium Offtake Agreements with Ford and Prime Planet Energy & Solutions

ioneer Signs Binding Lithium Offtake Agreement with Ford Background Image

Vinson & Elkins advised ioneer Ltd, an emerging lithium–boron supplier, in a binding offtake supply agreement with Ford Motor Company.

Under the agreement, ioneer will supply Ford with lithium carbonate from its Rhyolite Ridge Lithium-Boron Project in Nevada.

Vinson & Elkins also advised ioneer in a binding lithium offtake agreement with Prime Planet Energy & Solutions, a joint venture battery company between Toyota Motor Corporation and Panasonic Corporation.

The V&E team for both matters was led by partner Kaam Sahely, with assistance from counsel Josh Heideman and Alistair Wishart, associate Louise Fischel-Bock and senior associate Josh Singer. Partner Lina Dimachkieh provided tax advice.

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For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 12 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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