LG Energy Inks Agreement with Australian Mines

LG Energy Solution of South Korea has entered into a binding long form offtake agreement with Australian Mines Ltd for nickel and cobalt, which will be supplied in the form of mixed hydroxide precipitate from the Sconi Project in Queensland (currently under development). Under the agreement, LG Energy will have access to 71,000 tonnes of nickel and 7,000 tonnes of cobalt for six years starting from the end of 2024.

Volume 35, Issue 16

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