Brazil-based lithium startup Sigma Lithium Resources has held talks with Tesla Inc and other automakers about supplying the key battery ingredient in the coming years, the company’s CEO said on Thursday.
Sigma, which recently received its license to begin hard rock lithium mining in the Brazilian state of Minas Gerais, met with Tesla supplier Ganfeng Lithium, at the automaker’s request. But it is holding off on a deal because of the terms the Chinese company is demanding, CEO Calvyn Gardner said in an interview.