BEST Magazine
1 September 2026
LG Energy Solution signs 80,000-tonne Arkansas lithium offtake
Why It Matters for ITAD
New technologies may create opportunities or challenges for equipment processing. Growing ESG focus creates opportunities for ITAD companies with strong sustainability credentials.
LG Energy Solution has signed a binding take-or-pay agreement to purchase 80,000 tonnes of battery-quality lithium carbonate from Smackover Lithium’s South West Arkansas project. Smackover Lithium will supply the South Korean battery manufacturer with 8,000 tonnes annually for ten years after commercial production begins. The project’s developers are targeting first production in 2029, although a…
Key Takeaways
- • LG Energy Solution signs 80,000-tonne Arkansas lithium offtake.
- • Smackover Lithium will supply the South Korean battery manufacturer with 8,000 tonnes annually for ten years after commercial production begins.