v3.25.4
Related Party Transactions
 12 Months Ended
Dec. 31, 2025
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,
202520242023
Sales to unconsolidated affiliates$16,344 $30,090 $35,676 
Purchases from unconsolidated affiliates(a)
$585,402 $643,293 $3,652,784 
(a)Purchases from unconsolidated affiliates primarily relate to spodumene purchased from the Company’s Windfield joint venture. The decrease from 2024 and 2023 primarily related to lower lithium market prices.
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,
20252024
Receivables from unconsolidated affiliates$2,643 $11,950 
Payables to unconsolidated affiliates(a)
$134,369 $150,432 
(a)Payables to unconsolidated affiliates primarily relate to spodumene purchased from the Company’s Windfield joint venture under normal payment terms.