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LG Energy Solution and Liontown Resources form long-term strategic partnership to secure lithium supply chain
Jul 02, 2024•about 2 years ago
Contract Type
partnership
Description
LG Energy Solution and Liontown Resources have entered into a strategic partnership to fortify their collaboration in the global lithium sector. The partnership includes a convertible note subscription agreement, an extended offtake agreement for the supply of high-quality lithium spodumene, and a downstream collaboration agreement to explore the feasibility of establishing a lithium refinery.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months
Liontown signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.
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