A Rebound of 12% Today, LKE signed in an MoU with Ford

Clean lithium developer Lake Resources NL $Lake Resources NL (LKE.AU)$ instructs an offtake of approximately 25,000 tonnes per annum of lithium from the Kachi Project has been signed in a non-binding Memorandum of Understanding (MoU) with Ford Motor Company $Ford Motor (F.US)$ .

Moreover, the strategic collaboration between Ford and Lake to sit alongside the partnership with Hanwa to fully develop a Clean Lithium Supply Chain to meet the global environmental demands for Electric Vehicles. See the link below for the previous information:
101% skyrocketing in one month! Is it still the right time to buy?

Lake's Chairman Stu Crow stated that Lake Resources is dedicated to integrating sustainable development practices throughout our operations while minimizing our environmental footprint and contributing to a clean energy future.

Ford has consented to this market release. Lake will update the market on the progress of implementing the MOU with Ford.