SINGAPORE (Jan 15): Alliance Mineral Assets’ subsidiary Lithco No.2 has amended its lithium offtake agreement with Burwill Lithium Company (BCLC) and its parent company Burwill Holdings. The amendments took effect from Monday.

See also: What’s going on at Alliance Mineral Assets?

Firstly, BCLC will transfer its rights and obligations as the buyer under the long-term offtake agreements to Jiangxi Bao Jiang Lithium Industrial (JBJLIL). JBJLIL is owned 50:50 by BCLC and Jiangte Special Electric Motor Co (Jiangte).

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