21
Dec
13:41
European Lithium secures first Wolfsberg offtake from BMW
Australia-listed European Lithium (EUR) announced Wednesday that BMW will be the first offtaker from its Wolfsberg lithium hydroxide project in Austria, Kallanish reports.
The six-year binding offtake agreement, signed via its wholly-owned Austrian subsidiary ECM Lithium, covers 50,000 tonnes of lithium hydroxide. Supply should start in 2026 at 5,000 t volume in the first year. Deliveries will then increase to around 9,000 t until 2031, at which time the parties cā¦
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