Sigma Lithium and LG Energy Solution Sign Milestone Six-Year Binding Term Sheet for Lithium Offtake Agreement
The Offtake is intended to be legally bindingon both Sigma Lithium and LGES, and is subject to, among other things, completion of the negotiation of definitive written agreement(s), which are to be consistent with the agreed terms contained in the binding term sheet.
- The Offtake is intended to be legally bindingon both Sigma Lithium and LGES, and is subject to, among other things, completion of the negotiation of definitive written agreement(s), which are to be consistent with the agreed terms contained in the binding term sheet.
- "We are delighted to sign this landmark offtake with Sigma Lithium, sourcing environmentally-friendly battery-grade sustainable lithiumconcentrate directly from the upstream producer and collaborating with Sigma Lithium to make our battery supply chain increasingly more sustainable through our shared focus on innovation and ESG."
- "Since 2018, Sigma Lithium has been producing battery-grade sustainable lithiumconcentrate at its on-site demonstration pilot plant while executing our sustainability roadmap to support decarbonization and reach net zero emissions by 2024," said Ana Cabral-Gardner, Co-CEO, Sigma Lithium.
- Sigma Lithium has been able to deliver large samples of one of the purest, most environmentally and socially sustainable lithium concentrates in the marketplace to potential customers.