China battery-level lithium carbonate (Li2CO3), battery-level lithium hydroxide (LiOH • H2O) leading manufacturer Tianqi Lithium announced on the evening of September 24 that the wholly-owned subsidiary TLK and the Swedish battery supplier Northvolt recently signed a long-term supply agreement, stipulating that TLK sells lithium hydroxide to Northvolt, and the sales unit price is determined by the two parties through negotiation; the sales quantity includes the basic quantity And extra quantities. Among them, the average single-year annual sales volume of lithium hydroxide products is about 6% -10% of the annual production capacity of TLK's lithium hydroxide construction project located in the Qanana area, Australia. The agreement is valid from 2020 to 2025.
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