Aug 26 (Reuters) - Australian lithium miner Alita Resources Ltd (A40) said on Monday it was in talks to sign new supply deals after the backer of a key customer reported financial troubles.
The company is also talking to current offtake partner Jiangxi Bao Jiang Lithium Industrial Ltd to restructure its existing spodumene, or lithium ore, supply agreement.
Hong Kong-listed Burwill Holdings Ltd 0024.HK , which owns a 50% stake in Jiangxi and is a guarantor of 50% of Jiangxi's obligations under the offtake agreement, said last week its business operations were "mostly suspended" and that it had defaulted on payment a loan facility.
News: A40 Australia's Alita Resources eyes new partners for lithium supply deals
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