T5 Smackover Partners has signed a binding offtake agreement with Glencore for 5,000 metric tons of lithium carbonate per year from its East Texas operations, totaling 25,000 tons over five years. This agreement aims to enhance domestic lithium production, supporting U.S. supply chains for battery manufacturing and other applications. The lithium will be produced using direct lithium extraction technology as a byproduct of geothermal energy production.
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