UK 07:49 Sunday, 25 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tesla Motors, US maker of electric vehicles, has agreed to buy lithium hydroxide for its batteries from AIM-quoted Bacanora Minerals' (BCN) Sonora lithium project in northern Mexico. Financial and other details of this agreement, which is for an initial five years and renewable after that, remain for some reason shrouded in confidentiality, but Colin Orr-Ewing, Bacanora’s chairman, calls it ‘a vital and monumental step forward in commercialising the large lithium resources which the company holds.’
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