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ioneer signs lithium offtake deal with Toyota and Panasonic battery joint venture

ioneer signs lithium offtake deal with Toyota and Panasonic battery joint venture

ioneer Ltd managing director Bernard Rowe speaks with Proactive’s Andrew Scott about its new binding offtake supply agreement with Prime Planet Energy & Solutions, which is a joint venture company between Toyota Motor (NYSE:TM) Corporation and Panasonic Corporation (NYSE:PC). This agreement will see ioneer supply 4,000 tonnes annually of lithium carbonate to PPES from its Rhyolite Ridge Lithium-Boron Project in Nevada over a five year period. This is ioneer's third binding bankable offtake.

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