That should underpin a minimum 5 year off take with AVZ.
1 signed sealed and delivered out of the 3 .
2 to go to underpin the 4.5 mtpa DMS only output.
AVZ Managing Director, Mr. Nigel Ferguson said: “We are excited to welcome Yibin Tianyi as a new, strategic investor in AVZ, especially given the backing they have from CATL – China’s largest EV battery manufacturer.
Their intention to become one of the largest global lithium chemical producers certainly complements our vision of developing the largest hard rock lithium deposit in the world. “Yibin Tianyi’s intention to invest in AVZ and enter into a binding offtake arrangement underpins the tier 1 quality of our Manono Project.
ALL IMO
AVZ Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
