Lithium developer Liontown Resources has inked a sales agreement with electric vehicle maker Tesla for the supply of spodumene concentrate from its Kathleen Valley project in Western Australia. Under the agreement, Liontown will supply up to 150,000 tonnes per year of spodumene concentrate, starting in 2024, representing one-third of Kathleen Valley’s startup production capacity of 500,000 tonnes per year.The agreement with Tesla is the second offtake arrangement secured for Kathleen Valley following the foundational offtake arrangement with LG Energy Solutions. The two offtake agreements mean that more than half of Liontown’s planned production is now covered by long-term agreements with high-quality customers.
Lithium developer Liontown Resources has inked a sales agreement with electric vehicle maker Tesla for the supply of spodumene concentrate from its Kathleen Valley project in Western Australia. Under the agreement, Liontown will supply up to 150,000 tonnes per year of spodumene concentrate, starting in 2024, representing one-third of Kathleen Valley’s startup production capacity of 500,000 tonnes per year.The agreement with Tesla is the second offtake arrangement secured for Kathleen Valley following the foundational offtake arrangement with LG Energy Solutions. The two offtake agreements mean that more than half of Liontown’s planned production is now covered by long-term agreements with high-quality customers.
