Smackover Lithium Signs First Binding Customer Offtake Agreement for the South West Arkansas Project
The 10-year contract secures over 40% of lithium carbonate output for Smackover Lithium’s SWA Project, supporting $1 billion in anticipated project debt financing.
8 Articles
8 Articles
Smackover Lithium Signs First Offtake Client for South Arkansas Project
Smackover Lithium, a joint venture between Standard Lithium Ltd. of Vancouver and Equinor of Norway, has landed the first commercial offtake client for its South West Arkansas Project. Commodity trading firm Trafigura Trading LLC of Houston has signed a 10-year agreement to purchase 8,000 metric tons of battery-quality lithium carbonate per year, beginning at the start of commercial production. Pricing terms are confidential, Smackover Lithium s…
Trafigura to secure lithium supply from Smackover project in US
Trafigura has entered into a binding take-or-pay offtake agreement with Smackover Lithium to secure battery-grade lithium carbonate from the South West Arkansas Project in the US.The post Trafigura to secure lithium supply from Smackover project in US appeared first on Mining Technology.
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