According to the statement, LG Renewable Energy Co., Ltd. has signed an agreement with Elevra Lithium Co., Ltd. to purchase spodumene concentrate produced in Canada for a period of four years. Beginning later this year, Elevra will supply 240,000 dry tons of spodumene concentrate during the agreement period. LG said the agreement will strengthen the North American supply chain and support growing demand for energy storage systems. Elevra CEO Lucas Dow said the company's Québec-based project output has received “a significant portion” of “customers with clear commitments.”

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