BASE METALS

European Lithium signs offtake deal with BMW

The deal views the supply of 5,000Mt in the first year and 9,000Mt each year thereafter

First production is scheduled for Q1 2025.

First production is scheduled for Q1 2025.

The subsidiary, ECM, has granted BMW the first right to purchase 100% of the lithium hydroxide from its Wolfsberg lithium project in Austria. BMW is to make an advance payment of US$15 million to ECM...

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