https://www.wsj.com/articles/volvo-in-advanced-talks-on-possible-lithium-mining-11675939360?mod=mhp

BERLIN—Volvo Car VOLCAR.B 2.12%increase; green up pointing triangle AB is in advanced talks with some of the biggest mining companies, including over potential stakes in lithium mining or processing operations, Chief Executive Jim Rowan said, joining the auto-industry-wide race to secure the minerals and metals needed to power electric vehicles.

“Right now, we already have advanced conversations with some of the big miners, as well as the processing factories that process lithium,” Mr. Rowan said, adding that Volvo would decide in the coming months whether to engage in “long-term deals and long-term price negotiations for supply, or whether you want to make an equity investment.”

AXP