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Cadence Minerals Plc - Battery Grade Lithium Carbonate Offtake Signed at Sonora Lithium Project

Mon, 10 Apr 2017, 11:35am BST

Kiran Morzaria, CEO of Cadence discusses the offtake and strategic partnership Bacanora Minerals has entered into with Hanwa Co LTD, a leading Japan-based global trading company and one of the larger traders of battery chemicals in the Asian region. This strategic partnership is a pivotal moment in the development of the Sonora lithium project. The off-take agreement not only validates the production process, but also reduces the risk profile and means that the Project has a strong strategic partner that provides an excellent foundation for project debt financing, construction and production.

Kiran Morzaria
Chief Executive Officer