LITHIUM
Lithium miner Galaxy Resources has signed binding offtake agreements for 200 000 t/y of lithium concentrate from its Mt Cattlin operation and said on Wednesday that 100% of the planned output from the mine in Ravensthorpe, Western Australia, had now been sold on a five-year contract term.
The offtake contracts were executed with multiple customers throughout Asia. The offtake partners are producers of lithium carbonate and lithium hydroxide monohydrate.
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