Lepidico Ltd. announced that it has entered into a non-binding Letter of Intent (LOI) with Hubei Baijierui Advanced Materials Corporation (BJR) for supply of lithium, caesium and rubidium chemicals from the Company's planned Phase 1 chemical plant in Abu Dhabi. BJR successfully tested a caesium-rubidium intermediate product from the Company's pilot plant in 2020 and further product evaluation is planned in parallel with consideration of commercial terms for offtake.