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BYD in talks with Chilean lithium producers

BYD, the Chinese electric car and bus company part-owned by Warren Buffett, is talking to lithium producers in Chile about securing supplies.

Fred Ni, vice-president of BYD America, said the company was considering options including partnerships, supply agreements and direct investments.

“It’s still in negotiation stage. We haven’t defined which model it will be,” he said at the CRU world copper conference in Santiago.

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