In Pictures: LG Energy Solution signs 10-year lithium carbonate offtake deal with Smackover Lithium

LG Energy Solution's lithium carbonate deal underscores the growing demand for battery materials in the US.

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The 10-year offtake will supply feedstock for LFP cathodes used in electric vehicle batteries.

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Smackover Lithium's South West Arkansas Project will deliver 8,000 metric tonnes of battery-quality lithium carbonate annually.

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The take-or-pay structure strengthens LG's integrated US supply chain for battery production.

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The agreement marks Smackover Lithium's second major commercial offtake for the Arkansas project.

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Battery-quality lithium carbonate is a key input for LFP cathode manufacturing.

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LG Energy Solution continues to secure long-term raw material supplies for its US operations.

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The deal reflects rising US investment in domestic lithium production for the energy transition.

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Annual deliveries from the South West Arkansas Project are set to run for a decade.

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