EnergyX Signs Binding $2 Billion Lithium Supply Deal With Trafigura
EnergyX says it signed a 10-year binding offtake to supply lithium from Chile and the US to Trafigura. The deal is tied to direct lithium extraction technology.
Lithium startup EnergyX said on Monday that it signed a 2 billion binding offtake agreement to supply commodities trader Trafigura with lithium from Chile and the US. The deal is among the largest ever linked to direct lithium extraction technology. The agreement runs for 10 years.