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LGES secures US lithium through 2039, strengthening domestic battery supply

LG Energy Solution has secured 8,000 metric tons of lithium carbonate annually from Arkansas starting in 2029 under a take-or-pay agreement. The deal strengthens the company’s localized US supply chain for both EV batteries and stationary energy storage. For the project, it is also an important step toward securing financing and reaching a final investment decision.