Bradda Head Lithium Ltd (AIM:BHL, OTC:BHLIF, TSX-V:BHLI, FRA:8CD1) has signed a memorandum of understanding with Tyfast Energy to explore a US-based lithium supply route for Tyfast’s next-generation battery anodes.
The non-binding agreement will assess battery-grade lithium from Bradda Head’s projects in Arizona and Nevada for Tyfast’s lithium vanadium oxide, or LVO, anode platform, aimed at heavy-duty electrification markets including mining, construction, trucking and defence.
Bradda Head will assess feedstock and processing pathways, while Tyfast will lead material qualification and performance testing.
The companies intend to agree on an initial work plan within 45 days, covering sample delivery timelines, testing protocols, data requirements and qualification criteria.
Executive chair Ian Stalker said the agreement builds on Bradda Head’s strategy of “developing US lithium for the US market”, while Tyfast CEO GJ la O’ said the MOU was about establishing “the building blocks of a fully domestic, high-performance battery supply chain”.