We are pleased to announce that we have executed a full-form offtake agreement for the supply of spodumene concentrate from our flagship 100%-owned Kathleen Valley Lithium Project with Beijing Sinomine International Trade Co.

The short-term Offtake Agreement provides for the supply of up to 100,000 dry metric tonnes (DMT) of spodumene concentrate over the course of 10 months commencing by 30 September 2024.

The Offtake Agreement is in addition to existing long-term offtake contracts with Tesla, LG Energy Solution and Ford, which will be progressively brought into effect over the next 12 months as Liontown ramps-up the Kathleen Valley to full-production.