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Benzinga
Benzinga
Technology
Rachit Vats

Ford CEO Jim Farley Seeks 'Smart Deals' With Mining Industry Amid Soaring Metal Prices

Jim Farley Ford Mining Ford Motor Co Elon Musk lithium nickel

Ford Motor Co (NYSE: F) has called on the mining industry to work together on “smart deals” that will help offset rising commodity prices amid the legacy automaker’s push towards electrification.

What Happened:  Ford CEO Jim Farley said on Wednesday the company is seeing significant pricing pressure on the commodity side for steel, aluminum, copper, lithium, and nickel.

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