Guocheng Lithium inks lithium concentrate offtake agreement with Jinxin Mining
2026-04-28 13:44:36 [Print]
On April 27, Sichuan Guocheng Lithium Co., Ltd., a subsidiary of Guocheng Mining Co., Ltd., signed a lithium concentrate purchase and sales agreement with its associate, Malkang Jinxin Mining Co., Ltd., to ensure stable raw material supply for its lithium salt projects and enhance upstream-downstream integration.
Under the agreement, the planned delivery volume is 20,000 dry tonnes (±20%), calculated on a 6% Li2O equivalent basis. Product specifications include Li2O content ≥5.0%, Fe2O3≤3%, and moisture≤15%.
Deliveries are scheduled between April and June 2026, with an estimated total contract value of approximately RMB320 million (USD46.85 million), based on a benchmark price of RMB16,000/t (USD2,343/t) of lithium concentrate.
Under the agreement, the planned delivery volume is 20,000 dry tonnes (±20%), calculated on a 6% Li2O equivalent basis. Product specifications include Li2O content ≥5.0%, Fe2O3≤3%, and moisture≤15%.
Deliveries are scheduled between April and June 2026, with an estimated total contract value of approximately RMB320 million (USD46.85 million), based on a benchmark price of RMB16,000/t (USD2,343/t) of lithium concentrate.
Spodumene Li2O 5%min In port China
Unit:RMB/dmtu
China lithium cobaltate producers' inventory statistics by province by month
Unit: mt
