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ABC News
Business

Ford Motor Company provides loan to Liontown Resources to develop Kathleen Valley lithium mine

Lithium is a key ingredient for batteries used in electric vehicles. (Supplied: Tawana Resources)

A $545 million lithium mine in Western Australia has been approved for development after its owners, ASX-listed Liontown Resources, signed a deal today with US giant Ford Motor Company to supply the battery metal and back the project with a massive loan. 

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