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All contractual milestones under the General Motors LLC (GM) and Stellantis N.V. (Stellantis) offtake and funding packages on track.
Source: https://investingnews.com.au/element-25-usa-hpmsm-processing-facility-project-execution-update
As Chris and his team start to scale up production and we increase run rate, we'll be able to then take that product and sell it into the spot market and then potentially even early service some of the offtake customers.
Australia-based graphite miner Syrah Resources has signed two binding offtake agreements with Graphex Technologies, a multinational purified spherical graphite producer, and Westwater Resources, a US-based junior graphite anode producer.
“I am pleased to share with you that in the first year alone, 28% of these offtake agreements have been implemented, representing a total value of 31 billion dirhams.”
MAC will assume ownership and full operational control of the mine immediately; Glencore will retain the offtake for 100% of the copper concentrate produced at the CSA copper mine.
On April 28 Stellantis N.V. : "Stellantis signs offtake agreement and invests in Alliance Nickel for Battery Grade Nickel and Cobalt Sulphate."
Source: https://seekingalpha.com/article/4602417-ev-company-news-for-april-2023?source=feed_all_articles
Still, upping the price for major offtake customers is helping to generate more than enough cash for a strong balance sheet and rapid growth into 2023 and beyond, according to Pilbara Minerals CEO Dale Henderson.
Source: https://www.perthnow.com.au/business/crucial-minerals-underpin-volatile-exports-c-9328257
The company plans to commission SGS to build a Dense Media Separation (DMS) pilot plant in Belo Horizonte, Minas Gerais and provide potential offtake customers with a representative lithium concentrate product.
Source: https://investingnews.com.au/a371m-capital-raising-to-accelerate-resource-growth
Through an offtake agreement, Shell Energy will have access to 100% of the battery’s offtake over a 20-year period.
Source: https://pakenhamnews.starcommunity.com.au/news/2023-04-04/cranbourne-chosen-for-big-battery/
Through an offtake agreement, Shell Energy will have access to 100% of the battery’s offtake over a 20-year period.
Source: https://pakenhamnews.starcommunity.com.au/news/2023-04-04/cranbourne-chosen-for-big-battery/