AVZ signs spodumene offtake agreement with Chengxin Lithium

By Carrie Shi
Published: Tuesday, 09 March 2021

Australia-listed AVZ Minerals has signed a long-term offtake agreement with Chengxin Lithium Group (previously known as Guangdong Weihua Corp), the parent company of Chinese lithium producer Sichuan Zhiyuan Lithium.

AVZ will provide Chengxin with 6% grade spodumene concentrate from its Manono lithium and tin project in the south of the Democratic Republic of Congo for an initial three-year term, with an option to extend by mutual agreement, the Australian company said on Tuesday March 9.

Under the terms of...

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