Pilbara Minerals Secures 3-Year Deal with Yahua

Pilbara Minerals (ASX: PLS), a lithium producer, has inked a fresh agreement with Sichuan Yahua Industrial Group, committing to supply 160 kilo tonnes of spodumene concentrate over the next three years for its Pilgangoora operation. The deal involves selling spodumene concentrate volumes at market prices.

Notably, this contract is distinct from Pilbara Minerals' ongoing strategic partnership endeavors. Yahua, a prominent lithium chemicals company and one of the world's largest lithium hydroxide producers, boasts extensive connections in the lithium supply chain, counting Tesla, LG Energy Solutions, LG Chem, and Contemporary Amperex Technology among its key clients.

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