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AVZ Minerals Signs First 5-year Offtake Agreement with Ganfeng Lithium

Mineral exploration company AVZ Minerals (ASX: AVZ) came out of a trading halt this morning to announce its first ever offtake agreement for its Manono Project in the Democratic Republic of Congo (DRC).

AVZ has signed a long-term offtake partnership with GFL International, a subsidiary of China’s largest lithium compounds producer, Ganfeng Lithium.

In a statement to the market, AVZ said it had penned an offtake agreement for spodumene concentrate with GFL, for an initial 5-year term including an option to extend for a further 5 years. Read more…..

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