From Read Corporate
Using today’s market pricing for Lithium hydroxide, the contract terms would deliver an SC6.0 price outcome for Liontown that is greater than the pricing assumptions used in the DFS. Notwithstanding this, investors should note that the pricing received by Liontown under the Offtake Term Sheet will be determined by market prices at the time of each shipment.
Liontown and LGES will now work together to enter a definitive full form binding offtake agreement.
Liontown is continuing to progress negotiations with other potential Tier-1 global customers which would complement its off-take strategy.
From Read Corporate Using today’s market pricing for Lithium...
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