Chile’s SQM signs long-term contract to supply LG with 55,000 tonnes of lithium

SQM (Sociedad Química y Minera de Chile S.A.) reached a long-term agreement to supply lithium products to LG Energy Solution (LGES). As part of the agreement, which runs from 2021 to 2029, SQM will supply battery-grade lithium carbonate and lithium hydroxide for the production of high-quality cathode materials for EV battery cells. The contract considers a total of approximately 55,000 tonnes of lithium carbonate equivalent.

Source: Green Car Congress