LG Energy Solution signs 8,000-ton lithium carbonate supply deal with Smackover

FRVO 0.00% NVDA -5.47% GOOG -0.38% EQNR -1.07% SLI -3.13% 2 more

1. 1LG Energy Solution (373220.KS) has signed a binding offtake agreement with Smackover Lithium for 8,000 tons of battery-grade lithium carbonate.
2. 2Smackover, a JV of Standard Lithium (SLI, 55%) and Equinor (EQNR, 45%), will supply the material annually for 10 years from its SWA project in the U.S.
3. 3The deal supports building a U.S. battery supply chain and meeting foreign entity of concern requirements for cathode materials.

Source Mining Technology +3 · View original ↗

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