XML 62 R34.htm IDEA: XBRL DOCUMENT v3.25.0.1
Related Party Transactions
 12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions:
Our consolidated statements of (loss) income include sales to and purchases from unconsolidated affiliates in the ordinary course of business as follows (in thousands):
Year Ended December 31,
202420232022
Sales to unconsolidated affiliates$30,090 $35,676 $51,906 
Purchases from unconsolidated affiliates(a)
$643,293 $3,652,784 $1,920,476 
(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):
December 31,
20242023
Receivables from unconsolidated affiliates$11,950 $15,992 
Payables to unconsolidated affiliates(a)
$150,432 $550,186 
(a)Payables to unconsolidated affiliates primarily relate to spodumene purchased from the Company’s Windfield joint venture under normal payment terms.