Abaxx Will Expand Battery Metals Product Suite with Launch of Lithium Carbonate Futures on March 7, 2025

Core Insights - Abaxx Technologies Inc. is launching the world's first physically deliverable lithium carbonate futures contracts, priced in US dollars, on March 7, 2025 [1][2] - The new contracts aim to provide standardized pricing benchmarks and enhance risk management for market participants in the battery metals sector [2][3] Company Overview - Abaxx Technologies is focused on building advanced financial technology and market infrastructure to address challenges such as the energy transition [4] - The company is an indirect majority owner of Abaxx Exchange and Abaxx Clearing, which are recognized by the Monetary Authority of Singapore as a "recognized market operator" and "approved clearing house" respectively [4][5] Product Launch Details - The lithium carbonate futures contracts will be deliverable at ports in Singapore, Rotterdam, and Baltimore, each representing 1 tonne of lithium carbonate [2][3] - These contracts are designed to align with global trade flows and provide effective risk management tools in a rapidly evolving market [3]