Pilbara Minerals secures offtake agreement with China’s Yibin Tianyi
Published: Wednesday, 25 March 2020
Australian lithium spodumene concentrate producer Pilbara Minerals said on Wednesday March 25 that it has secured a five-year offtake agreement to supply spodumene concentrate from its Pilgangoora lithium-tantalum project in Western Australia to Chinese lithium manufacturer Yibin Tianyi.
The five-year agreement entails an initial delivery to Yibin
Tianyi of 60,000 tonnes per year of high-quality spodumene
concentrate in 2020. Subsequently, a minimum of 75,000 tpy will
be delivered for the remainder of the agreed term.
The agreement is set to end in 2024, with the option...