Lithium Plus Secures Canmax Offtake MOU for Lei Project
Company Announcements

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.

For further insights into AU:LPM stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App