Chengxin Lithium Group (SHE:002240) has signed a framework agreement with Huayou Holding Group, the parent company of Zhejiang Huayou Cobalt (SHA:603799), for the supply of lithium salt products over a five-year period.
Under the deal, Huayou Holding will purchase 221,400 metric tons of lithium salt products from Chengxin Lithium between 2026 and 2030, according to a Shanghai Stock Exchange filing on Wednesday.
The settlement price will be determined through negotiations between the buyer and seller.
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