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.
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
South America hosts the largest number of offtake deals. Credit: Blair McBride and Barb Burrows
Liontown Resources has three offtake deals that will take effect in 2024 and 2025. Credit: Blair McBride and Barb Burrows
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