According to The Australian Financial Review, mining giant Rio Tinto has struck a global deal with Ford Motor Company to develop and supply battery and low-carbon materials – such as aluminium, lithium, and copper – to be used in Ford vehicles including the next generation of lightweight, electric trucks.
The non-binding memorandum of understanding is just the start of the exploratory journey but nevertheless masks high ambitions as the transition to electric vehicles gathers pace in the major markets of North America, Europe and China.
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