Liontown is pleased to announce that it has executed an Offtake Agreement with Canmax for the supply of 150,000 wmt per year of spodumene concentrate over two years in 2027 and 2028.

Pricing under the Offtake Agreement will be determined using a formula referencing spodumene concentrate indices.

This agreement complements Liontown’s existing arrangements with its Tier-1 customers and forms part of the Company’s approach to diversifying its customer base by geography and location on the battery value chain.

Listed on the Shenzhen Stock Exchange, Canmax is one of the world’s leading manufacturers of lithium-ion battery materials, including lithium hydroxide, lithium carbonate and other products, and a key customer of several Australian and International raw material producers.