PLS signs two-year spodumene supply deal with Canmax

PLS Group (formerly known as Pilbara Minerals) has signed a two-year offtake agreement with Canmax Technologies for spodumene concentrate supply. Under the agreement terms, PLS will supply 150,000 tonnes per annum (tpa) of spodumene, starting from the 2026 calendar year, pending a $100m (A$141.35m) prepayment. This arrangement can be extended for an additional year at the discretion of PLS, maintaining the annual supply volume. The agreement sets a minimum price of $1,000/t (SC6 basis), offering protec ...