ALTURA Mining has signed a binding offtake agreement with Chinese battery producer J&R Optimum Energy and revised the terms of an existing BOA with Lionergy, in a move expected to give investors and prospective financiers of its hard rock lithium flagship Pilgangoora project increased certainty and confidence.
Pilgangoora.
Under the BOA with J&R Optimum Energy, which incidentally is Altura’s largest shareholder, a minimum 100,000 dry metric tonnes of spodumene concentrate, grading at 6%will flow annually to China from the...
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