# Canmax to supply Ford with lithium hydroxide for three years

Canmax Technologies has signed a purchase agreement to supply Ford Motor with 72,500 tons of lithium hydroxide from January 2025 to December 2027. The deal could be worth over CNY27 billion (USD3.9 billion) based on current market prices.

- Type: Contract
- Announced: 2023-04-03
- Where: China
- Value: $3.90B (27.0B CNY)
- Status: announced
- Capacity: 72,500 tons of lithium hydroxide
- Products: lithium hydroxide
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ford Motor Company](https://endata.com/companies/3544.md) (customer)
- [Canmax Technologies](https://endata.com/companies/69474.md) (supplier)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/ford-picks-china-canmax-for-three-years-of-battery-material-supply), 2023-04-03: "Two southwestern plants of the anti-static product developer will deliver the American carmaker 72,500 tons of lithium hydroxide between January 2025 and December 2027, the Suzhou-based firm said in a statement yesterday, citing a purchase agreement."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.