Tawana Resources (ASX: TAW)
Tawana Resources is going from strength to strength. Earlier this month, Tawana reported it had begun producing lithium concentrate at Bald Hill in Western Australia.
The company said that nameplate capacity of 162 tonnes per hour was achieved within the first two weeks of commissioning, with ramp up to full production on-track for the next quarter.
The duo has agreed to a $12.5 million five-year offtake arrangement in place with Burwill Holdings. Burwill will purchase 6% lithium concentrate for five years at US$880 per tonne for 2018 and 2019, with the new price to be agreed on thereafter.
