Altura signs spodumene offtake agreement with Hunan Yongshan Lithium

By Carrie Shi, Dalila Ouerghi
Published: Monday, 22 June 2020

Australian spodumene producer Altura Mining has signed a supply deal for 2020 and a binding five-year offtake agreement with Chinese lithium producer Hunan Yongshan Lithium.

Altura will supply Hunan Yongshan Lithium, a subsidiary of Ningbo Shanshan, with 44,000 tonnes of 6% grade spodumene concentrate based on their contract for 2020.

Altura and Hunan Yongshan Lithium have also reached a binding five-year offtake agreement over the period of 2021-2025 with take or pay provisions commencing...

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