Piedmont Lithium Inc (ASX:PLL, NASDAQ:PLL, XETRA:) has inked equity investment and binding offtake agreements with LG Chem for the purchase of some 200,000.
LG Chem has struck a $75m deal to buy a 5.7% stake in Piedmont Lithium and also reached a spodumene concentrate offtake agreement with the US-based lithium developer.
LG Chem investing $75 million to acquire Piedmont Lithium common shares Piedmont to supply LG Chem with 200,000 metric tons of spodumene concentrate over four years Agreements illustrate
Piedmont Lithium Inc (ASX:PLL, NASDAQ:PLL, XETRA:) has inked equity investment and binding offtake agreements with LG Chem for the purchase of some 200,000.