If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

Mitsui inks battery metals supply deal with Sigma

Wed, 04/10/2019 - 13:54 -- Hugh Finzel

Japanese chemicals company Mitsui is to pre-pay Sigma Lithium US$30 million under a strategic alliance agreement for the supply of battery-grade lithium concentrate.

Sigma will supply Mitsui with “up to 55,000 tonnes” of material annually for six years, with an option to extend for a further five years.

Sigma said the agreement provided for a significant portion of the funding required for capital expenditures and construction of Sigma’s commercial production plant at its Grota do Cirilo lithium project in Brazil.

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.