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08 Dec
11:15

LITHIUM: Vulcan Energy’s planned production fully booked with VW Group offtake

Australia-listed Vulcan Energy Resources is adding Volkswagen Group to its offtakers mix, which already includes Stellantis, Renault, Umicore and LG Energy Solution, Kallanish reports The lithium developer announced on Wednesday the new binding offtake agreement will also be on a take-or-pay basis on market prices. Under the five-year contract, Volkswagen Group must purchase at least 34,000 tonnes of battery grade lithium hydroxide and a maximum of 42,000 t. Comm…
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