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Altura Mining Limited (ASX: AJM) is pleased to advise that it has executed a Binding Offtake Agreement (BOA) with leading Chinese battery producer Shaanxi J&R Optimum Energy Co., Ltd (J&R Optimum Energy) and has revised the terms of the existing BOA with prominent Chinese based lithium and battery materials processor Lionergy Limited (Lionergy) to align …
Altura Mining Limited (ASX: AJM) is pleased to advise that it has executed a Binding Offtake Agreement (BOA) with leading Chinese battery producer Shaanxi J&R Optimum Energy Co., Ltd (J&R Optimum Energy) and has revised the terms of the existing BOA with prominent Chinese based lithium and battery materials processor Lionergy Limited (Lionergy) to align both BOA’s.
As quoted in the press release:
The completion of the BOA’s marks a significant milestone for Altura and its offtake partners and provides support for the advanced development of Altura’s flagship Pilgangoora Lithium Project. In particular, the completion of the BOA’s will provide increased certainty and confidence for investors and prospective financiers of the Project.
