Birimian Ltd. signed a memorandum of understanding with General Lithium Corp. of China for the off-take of 200,000 tonnes per year of spodumene concentrates grading 6% lithium oxide from 2020.
The MOU, which allows for negotiation of a contract until June 30, 2019, covers approximately 55% of the 362,000 t/y of production anticipated from the Goulamina lithium project in Mali, according to a Dec. 11 release.
The agreement will be conditional on Birimian securing financing and approvals to start developing and building the Goulamina operation.
Birimian noted that it is in discussions with several other potential off-takers for the balance of its planned capacity.
Earlier in the week, the company signed a letter of intent with China Minmetals Corp. division Changsha Research Institute of Mining and Metallurgy to assess development opportunities for the project.