Commodities trader Traxys signs lithium offtake agreement with Canadian junior miner Lepidico

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By Dalila Ouerghi
Published: Tuesday, 21 December 2021

Global metals and minerals trader Traxys has signed a multi-year offtake agreement for around 5,000 tonnes per year of lithium hydroxide with Canada-headquartered junior miner Lepidico, the companies announced in a statement on December 16.

Under the terms of the deal, Traxys will act as a principal and will provide trade sales, marketing, logistics and trade finance services for 100% of the Phase 1 lithium hydroxide production, which the junior miner is expected to bring online in 2023.

The deal will cover an initial period…