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EnergyX signs $2 billion lithium supply agreement with Trafigura

Fortune · ·by G4L

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  1. 1Trafigura signed a 10-year, $2 billion contract with EnergyX last October.
  2. 2EnergyX received $225 million from the Italian energy company Eni.
  3. 3EnergyX plans to reach an annual lithium production of 52,500 tons at the EnergyX Black Giant lithium project in Chile by 2030.

So what's the key point?

EnergyX has entered into a $2 billion lithium supply agreement with Trafigura. The company received $225 million from Eni and plans to reach its lithium production targets by 2030.

Source Fortune · View original ↗

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