Trafigura signs battery-grade lithium carbonate offtake agreement with Smackover Lithium

Published: Mar 9, 2026 08:00
Global commodities trader Trafigura has signed a binding offtake agreement with Smackover Lithium. Under the agreement, Trafigura will purchase 8,000 tonnes of battery-grade lithium carbonate per year for a period of 10 years, totaling about 80,000 tonnes. The material will be supplied from the South West Arkansas Project in the United States, with deliveries expected to begin once the project reaches commercial production. The project targets annual production of 22,500 tonnes of battery-grade lithium carbonate and plans to make a final investment decision in 2026, with first production anticipated in 2028.

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