Nemaska signs offtake deal with Chinese lithium producer

By Jack Elliott
Published: Wednesday, 09 March 2011

Tianqu acquires 10% of Canadian junior to secure spodumene supply from Whabouchi mine

Chinese lithium chemical producer Sichuan Tianqi Lithium Industries Inc. has acquired a 10% stake in Nemaska Exploration Inc. for $3.7m., securing future supplies of spodumene from Nemaska’s project in Canada.

Nemaska is aiming to produce 202,000 tpa of spodumene concentrate at its Whabouchi lithium project in James...

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