AVZ signs spodumene offtake agreement with Yibin Tianyi

Australia-listed AVZ Minerals has signed a strategic long-term offtake partner agreement with Chinese lithium producer Yibin Tianyi Lithium Industry, the company said on Tuesday March 30.

Under the offtake agreement, the Australian miner will supply Yibin Tianyi with up to 200,000 tonnes per year of 6% grade spodumene concentrates (SC6) from the Manono Lithium and Tin Project in the south of the Democratic Republic of Congo (DRC) for three years after production starts with an option to extend the agreement for an additional two years, the company said.

Published

Susan Zou

March 30, 2021

07:24 GMT

Shanghai