ASX-listed Altura Mining has inked a multi-year lithium offtake agreement with Hunan Yongshan Lithium Company, a subsidiary of shareholder Ningbo Shanshan.
The five-year binding offtake agreement will start in January next year, with a minimum of 60 000 t/y from January 2022. The binding offtake agreement includes options to agree to increase the supply to 120 000 t/y.