Canada Lithium will produce 20, 000 metric tons annually of lithiumcarbonate, mostly used to manufacture lithium-ion battery cathodes in electronic items used in everyday life, which will represent a small chunk of the lithiumcarbonate available in the market.
The deal with Tewoo-ERDC is a five-year agreement that will see a minimum of 12, 000 tons of battery-grade lithiumcarbonate delivered to the Chinese commodity trader.