Yahua Group Terminates Lithium Concentrates Offtake Agreement with Core Due to Mine Suspension

Published: May 14, 2025 14:10

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[Yahua Group: Termination of Lithium Concentrates Offtake Agreement with Core] Yahua Group announced that its wholly-owned subsidiary, Yahua International, and Lithium Development, a wholly-owned subsidiary of Core, signed a "Deed of Settlement, Termination and Release" to terminate the original "Offtake Agreement" for lithium concentrates and its supplementary agreement. The operation of the Finniss lithium mine project, owned by Core, has been suspended, and it is unable to supply lithium concentrates. The company has established a diversified channel layout combining self-controlled mines and externally purchased ore, building a stable lithium resource guarantee system. The termination of this agreement will not impact the company's normal production and operation, nor will it harm the interests of the company and all its shareholders.

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