🌍✨ LG Energy Solution signs 10-year lithium carbonate offtake agreement with Smackover Lithium
Why we’re watching: LG Energy Solution has signed a binding offtake agreement with Smackover Lithium, a partnership between Standard Lithium and Equinor, for 8,000 metric tonnes of battery-quality lithium carbonate annually over a 10-year period.
The lithium will come from the South West Arkansas Project, and LG says the contract gives it a fully integrated local supply chain from sourcing through production. 💚
Smackover Lithium will produce the carbonate using direct lithium extraction (DLE) and purification.
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🔭 What to watch next
- 📌 Key signal: LG Energy Solution has signed a binding offtake agreement with Smackover Lithium, a partnership between Standard Lithium and Equinor, for 8,000 metric…
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Reporting curated for GreenTV. Original reporting via Charged EVs.