- Frontier Lithium partners with Panasonic Energy and Mitsubishi to advance lithium supply for EV batteries.
- The PAK Lithium Project in Canada aims to produce 20,000 tonnes of battery-grade lithium salt annually by 2030.
The Frontier Lithium Panasonic Mitsubishi MoU marks a significant step toward securing critical battery materials for electric vehicles and energy storage systems. Frontier Lithium signed the memorandum with Panasonic Energy Co., Ltd. and Mitsubishi Corporation to advance lithium resource development linked to the PAK Lithium Project in Ontario, Canada.
Expansion of the PAK Lithium Project
The collaboration builds on an earlier joint venture between Frontier Lithium and Mitsubishi Corporation focused on developing the PAK Lithium Project. The initiative aims to establish a fully integrated lithium supply chain, including an upstream mining operation and milling facility alongside a downstream lithium conversion plant.
Battery-Grade Lithium Production Target
According to project plans, the conversion facility is expected to initially produce approximately 20,000 tonnes of battery-grade lithium salt annually beginning in 2030. This production will primarily support growing demand from electric mobility and stationary energy storage sectors.
Strategic Supply for Panasonic Energy
The memorandum also signals Panasonic Energy’s intention to source lithium hydroxide from the PAK Lithium Project. Through the agreement, the companies will explore negotiations for a definitive offtake arrangement during project development, strengthening long-term supply security.
Broader Collaboration Opportunities
Beyond material supply, the Frontier Lithium Panasonic Mitsubishi MoU enables the three companies to explore additional areas of cooperation related to lithium processing, battery materials, and strategic resource development as global electrification accelerates.
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