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Related Party Transactions (Tables)
 3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
Our consolidated statements of income include sales to and purchases from unconsolidated affiliates in the ordinary course of business as follows (in thousands):
Three Months Ended
March 31,
20242023
Sales to unconsolidated affiliates$1,958 $7,100 
Purchases from unconsolidated affiliates(a)
$137,197 $1,072,544 
(a)Purchases from unconsolidated affiliates primarily relate to spodumene purchased from the Company’s Windfield joint venture. The decrease from prior year primarily related to the lower lithium market prices in recent months.

Our consolidated balance sheets include accounts receivable due from and payable to unconsolidated affiliates in the ordinary course of business as follows (in thousands):
March 31, 2024December 31, 2023
Receivables from unconsolidated affiliates$1,511 $15,992 
Payables to unconsolidated affiliates(a)
$129,613 $550,186 
(a)Payables to unconsolidated affiliates primarily relate spodumene purchased from the Company’s Windfield joint venture under normal payment terms.