Altura inks another offtake
PERTH (miningweekly.com) – Lithium miner Altura Mining has signed another lithium offtake agreement at its Pilgangoora project, in Western Australia.
The company has inked a binding offtake agreement with Chinese lithium materials producer Guandong Weihua Corporation for 50 000 t/y lithium concentrate over a five-year period.
The first shipment of around 10 000 t is expected to load this month, with further deliveries of the remaining 2019 allocation of 40 000 t to take place until February 2020.
Altura MD James Brown said that pricing for the shipments would be based on a lithium oxide content formula, incorporating published reference pricing weighted for lithium carbonate and other process factors.
“This new agreement with Weihua continues to diversify and strengthen our existing customer base, which is key when developing a new energy supply chain. Weihua has established operations in China and demonstrated the ability to both mine and process battery precursor materials.”
With the Weihua offtake now secured, Altura has some 220 000 t/y under contract.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















