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Australia's Altura Mining signs deal to supply lithium raw material to China firm

Kitco News

July 9 (Reuters) - Australia's Altura Mining on Tuesday said it signed a five-year offtake agreement to supply spodumene concentrate to a Chinese lithium producer.

The agreement covers 35,000 tonnes per annum (TPA) of 6% grade spodumene concentrate, a source of lithium, which will go to Shandong Ruifu until June 2024.

The miner also said it had pulled out of an existing offtake deal with Shaanxi J&R Optimum Energy for 50,000 TPA.
(Reporting by Devika Syamnath in Bengaluru; Editing by Joseph Radford)

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