SQM signs lithium supply agreement with LG Energy Solutions
Published: Wednesday, 23 December 2020
Chilean lithium producer Sociedad Quimica y Minera (SQM) has signed a long-term supply agreement for high quality lithium cathode material with LG Energy Solutions, it said on Tuesday December 22.
Under this agreement, SQM will supply battery-grade lithium
carbonate and lithium hydroxide to South Korean battery maker
LG Energy Solutions for cathode manufacturing from 2021 to 2029
with a total volume of around 55,000 tonnes of lithium
carbonate equivalent (LCE).
SQM said the signing of this large-scale long-term supply