AVZ signs spodumene offtake agreement with Chengxin Lithium
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...