SQM signs lithium supply agreement with LG Energy Solutions

By Carrie Shi
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 agreement...

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