An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. Picture taken November 23, 2021. REUTERS/Kim Hong-Ji/File Photo
(Reuters) - South Korea's LG Energy Solution signed their second offtake agreement with Australia's Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) on Tuesday to expand its supply chain for lithium procurement.
As a part of this collaboration, WesCEF will supply 85,000 tons of lithium concentrate to LG Energy, which can produce about 11,000 tons of lithium hydroxide.
