02
Jul
11:02
Liontown inks $250m funding, offtake deal with LGES
Australia-listed lithium developer Liontown Resources has secured $250 million in funding and an extended offtake deal for its Kathleen Valley lithium project from South Korean battery giant LG Energy Solution (LGES).
The companies announced Tuesday a five-year convertible note subscription agreement at a conversion price of AUD 1.80 ($1.2) per share, with a coupon linked to the Secured Overnight Financing Rate (SOFR). If converted today, LGES would secure an 8% s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous