AVZ Minerals Ltd's (ASX:AVZ) Nigel Ferguson speaks to Proactive's Andrew Scott after signing a binding offtake agreement with Shenzhen Chengxin Lithium Group Co for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the DRC. As part of the deal Chengxin has agreed to purchase up to 180,000 tonnes of SC6 annually for an initial three-year term following the start of production with mutually agreed options to extend.
AVZ Minerals' Nigel Ferguson details second lithium offtake deal for its Manono project