Pilbara Minerals agrees new offtake agreement but challenging environment persists for spodumene producers

Amidst the ongoing global fallout from the coronavirus, Australia’s Pilbara Minerals have announced a five-year 75,000 tonnes per annum offtake agreement with Chinese Yibin Tianyi, a joint venture company backed by Contemporary Amperex Technology (CATL). The deal reflects Pilbara’s ongoing relationship with CATL, China’s only Tier One lithium ion battery manufacturer, which took an 8.5% […]