Lithium Plus Secures Canmax Offtake MOU for Lei Project

Lithium Plus Minerals Ltd. (AU:LPM) has released an update.

Lithium Plus Minerals Ltd. has announced a non-binding MOU with Canmax Technologies for 50% offtake of spodumene from its Lei Project, with terms including profit-based pricing and project financing assistance. The partnership with Canmax, a leading lithium hydroxide and carbonate producer, underscores the potential of the Lei Project and Lithium Plus’s vision to become a key player in the lithium battery market. The binding agreement is pending the formal grant of the Lei Project Mining Lease.

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