European Lithium executes binding lithium offtake agreement with BMW; advance payment of US$15M
European Lithium signed a binding long term lithium offtake agreement via its wholly-owned Austrian subsidiary ECM Lithium AT GmbH with BMW to secure the company’s first offtake of battery grade lithium hydroxide (LiOH) from its Wolfsberg Lithium Project underground mine in Austria. ECM has granted BMW the first right to...
Source: greencarcongress.com