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LG Energy Solution Secures 10-year U.S. Lithium Supply Deal With Smackover Lithium
Source: Nasdaq
Energy Markets & PricesCommodities & Raw MaterialsCompany Fundamentals
LG Energy Solution signed a binding 10-year offtake agreement to source 8,000 metric tonnes of battery-grade lithium carbonate annually from Smackover Lithium. The deal supports long-term input supply security and steady volumes, which is modestly positive for cost/supply outlook.
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