Commodities trader Traxys signs lithium offtake agreement with Canadian junior miner Lepidico
Published: Tuesday, 21 December 2021
Global metals and minerals trader Traxys has signed a multi-year offtake agreement for around 5,000 tonnes per year of lithium hydroxide with Canada-headquartered junior miner Lepidico, the companies announced in a statement on December 16.
Under the terms of the deal, Traxys will act as a principal
and will provide trade sales, marketing, logistics and trade
finance services for 100% of the Phase 1 lithium hydroxide
production, which the junior miner is expected to bring online
The deal will cover an initial period...