AVZ signs spodumene offtake agreement with GFL International

By Carrie Shi
Published: Thursday, 24 December 2020

The Australian-listed AVZ Minerals Ltd has signed a long-term offtake agreement with GFL International, a subsidiary of Chinese lithium producer Ganfeng Lithium, the company said on Thursday December 24.

AVZ will provide GFL with 6% grade spodumene concentrate from the Manono Lithium and Tin Project in the south of the Democratic Republic of Congo for the initial five-year term, with the option to extend the agreement for a further five years.

Under the term of agreement, AVZ’s annual supply...

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