Car companies are forging new relationships with miners for lithium supply, and in some cases governments are also providing funds to advance these critical projects.
Here’s a look at some of the recent offtake and other deals that have been signed with automakers, equipment makers and governments around the world.
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Some deals in Canada and in the United States are already active, with more expected in the coming years. Credit: Blair McBride and Barb Burrows
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South America hosts the largest number of offtake deals. Credit: Blair McBride and Barb Burrows
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Liontown Resources has three offtake deals that will take effect in 2024 and 2025. Credit: Blair McBride and Barb Burrows
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Stellantis’ agreement with Vulcan Energy is one of the few lithium offtake deals in Europe. Credit: Blair McBride and Barb Burrows
Great article/visual.
You should add LGES and Green Technology Metals ( Ontario) 5 year agreement for the former to purchase 25% of annual spodumene concentrate production