Liontown Resources Pens Offtake Agreement with Canmax

2025-12-10 09:30:00 ET

Liontown Resources (ASX:LTR,OTC:LINRF) has executed a binding offtake agreement with Chinese conglomerate Canmax Technologies (SZSE:300390) , as part of its strategy to diversify its customer base.

“Listed on the Shenzhen Stock Exchange, Canmax is one of the world’s leading manufacturers of lithium-ion battery materials, including lithium hydroxide, lithium carbonate and other products and a key customer of several Australian and international material producers,” the company wrote in a Tuesday (December 9) release .

The agreement is for the supply of 150,000 wet metric tonnes per year of spodumene concentrate over two years in 2027 and 2028.

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