v3.25.1
Related Party Transactions
3 Months Ended
Mar. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions 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,
20252024
Sales to unconsolidated affiliates$1,536 $1,958 
Purchases from unconsolidated affiliates(a)
$159,206 $137,197 
(a)Purchases from unconsolidated affiliates primarily relate to spodumene purchased from the Company’s Windfield joint venture.

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, 2025December 31, 2024
Receivables from unconsolidated affiliates$947 $11,950 
Payables to unconsolidated affiliates(a)
$139,296 $150,432 
(a)Payables to unconsolidated affiliates primarily relate to spodumene purchased from the Company’s Windfield joint venture under normal payment terms.