Lilac Solutions and Traxys North America have signed a binding 10‑year offtake agreement covering all lithium carbonate to be produced during Phase 1 of Lilac’s Great Salt Lake project in Utah.
Traxys has committed to purchasing 50,000 tonnes of lithium carbonate over the decade-long term, equal to 100% of the planned Phase 1 output. The take‑or‑pay structure includes pricing mechanisms tied to market indices.
Phase 1 of the Great Salt Lake facility is designed for 5,000 tonnes per year of battery‑grade lithium carbonate – almost doubling current US production. The project is based on Lilac’s Gen 5 ion‑exchange technology, which delivered 87% recovery from ultra‑low‑grade brine containing 69mg/L lithium during pilot operations completed in 2025.
Raef Sully, chief executive officer of Lilac Solutions, said, “Traxys, one of the world’s leading lithium traders, has been an excellent partner as we’ve developed this project, and formalising this long-term offtake agreement is a key step toward achieving final investment decision.” He added that securing full offtake moves the project closer to construction.
A potential Phase 2 expansion could lift total capacity to 20,000 tpa LCE – around four times current domestic output. The project will use ion‑exchange media produced at Lilac’s Nevada facility and is expected to support local revenues, lake preservation efforts and job creation. FEL‑3 engineering is complete, and Lilac is working with regulators to finalise permits for construction and operations.
