Vulcan Energy signs ‘zero carbon’ lithium supply deal with LG Energy Solution
Published: Monday, 19 July 2021
Australia-listed Vulcan Energy has signed a binding offtake agreement to supply South Korea's LG Energy Solution (LGES) with battery grade lithium hydroxide from it's 'zero carbon' facility in Germany, the producer said on Monday July 19.
Vulcan will supply battery-grade lithium hydroxide to LGES
for an initial five-year term. Commercial deliveries are set to
commence in 2025 and there is an option to extend the supply
deal for a further five years, Vulcan said.
Battery-grade lithium hydroxide is...