Hydroxide prices soften, while spodumene prices set new records Shortages of spodumene, lithium hydroxide and lithium carbonate continue to push spot prices to new records. Surging demand and low inventories saw spot spodumene trade as high as US$7,000 a tonne in June 2022. Spot spodumene concentrate averaged about …
But in an update of its Australian large cap mining coverage and commodity prices, analyst Kaan Peker says benchmark prices for spodumene concentrate sold by WA's hard rock lithium miners can lift from US$1100/t in Q1 to US$1300/t in Q2, US$1600/t in Q3 and US$1500/t in Q4.
The project, which has an A$89 million capital cost, is expected to mine 173,000 tonnes per year of lithium concentrate at an operating cost of $364 per tonne, according to a 2021 feasibility ...
Fastmarkets' recent report highlights the unusual dynamics in the lithium market, with a spodumene concentrate price increase to $5,313 per tonne while …
In fact, lithium producers wouldn't make much profit at all if spodumene prices are above $4,000 yuan per tonne," a second Chinese lithium trader said. Fastmarkets' fortnightly price assessment for spodumene min 6% Li2O, spot price, cif China was $3,500-4,000 per tonne on Thursday, down by $500-510 per tonne from …
In its quarterly report released on Monday, the Australian government said it expects spodumene prices to rise from an average of $2,730 a tonne in 2022 (from just $598 in 2021) to average $4,010 ...
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Spodumene revenue increased by 65% from the PCP to US$190m from sales of 36,951 dry metrics tonnes (dmt) of spodumene concentrate at an average price of US$5,136/tonne CIF2. Gross cash margin of 76%.
Fastmarkets' fortnightly assessment of spodumene min 6% Li2O, spot price, cif China was $7,800-8,000 per tonne on November 20, unchanged from two weeks earlier, but up by 216% from $2,400-2,600 per tonne on January 6.
In 2019, lithium concentrates are expected to achieve an average price of US$4,619/t LCE, 57% lower than the price expected for lithium carbonate. The lower price for concentrates reflects the cost involved in the conversion to lithium hydroxide or carbonate, recovery rates at the conversion plants and the need for profits at these facilities.
The seaborne lithium carbonate CIF Asia price fell to a 35-month low of $12,900 per ton by June 18. Source: S&P Global. Similarly, spodumene prices dropped by 9.5% to $1,050 per pound FOB-Australia, causing the merchant conversion margin to turn negative, averaging minus $118 per ton in June from $7,027 per ton in May.
Lithium concentrate (spodumene) 6% Li2O cif China prices USD/mt. Argus brings transparency to the global metal markets through its independent price assessments and unbiased reporting.
Though, the same cannot be said for lithium hydroxide and spodumene 6% prices. ... Long-term: US$15,500 per tonne; Spodumene 6%: 2024: US$1,175 per tonne; 2025: US$800 per tonne;
It is forecasted that in 2020, spodumene will cost 550 U.S. dollars per metric ton, an increase from the forecasted price in 2016 of 517 U.S. dollars per metric ton. Spodumene is a mineral from ...
While generally higher on the cost curve than brine operations, spodumene concentrate is converted into battery-grade lithium hydroxide which trades at around $16,000 per tonne ex-works in China ...
Fastmarkets most recently assessed the spodumene min 6% Li2O, spot price, cif China at $800-950 per tonne on Wednesday January 17. The spodumene …
S&P Global Platts assessed the weekly 6% lithium oxide (SC6) spodumene concentrate price at $2,444/mt on a FOB Australia basis, up $1,044/mt from the previous record of $1,400/mt on Sept 10. Platts has been assessing the price since January 2019.
Fastmarkets' latest fortnightly assessment of the spodumene min 6% Li2O, spot price, cif China, was $3,400-3,700 per tonne on July 6, down from $3,500-4,000 per tonne on June 22. ... Spodumene prices were now less than half what they were at the beginning of the year. The spot price was $7,900-8,200 per tonne on January 5.
Knowing the current spodumene price provides valuable information across the supply chain from battery manufacturers, EV companies, investors and policymakers, enabling them to make informed decisions about resource allocation, investment strategies and …
Spodumene prices dipped below $1,000 a tonne for the first time since August 2021 this month, according to Benchmark's Lithium Price Assessment, tracking steep declines in prices for lithium chemicals. Spodumene FOB Australia was down by 84% year-on-year to an average of $955 a tonne on 10 January 2024. This represented a 27% drop since […]
Pilbara Minerals concluded a spot tender for 10,000 mt of spodumene concentrate with 5.5% lithium oxide content for mid- to late-August shipment at …
Fastmarkets assessed spodumene min 6% Li2O, spot price, cif China at $1,000-1,200 per tonne on Friday, December 8, 2023, marking an 86% drop since the start of 2023. Figure 2.
In its quarterly report released on Monday, the Australian government said it expects spodumene prices to decline slightly from an average of $4,368 a tonne in 2022 to average $4,357 a tonne in ...
Spodumene 6%: US$1,580 per tonne This means that prices have fallen 71.5%, 78.3%, and 64%, respectively, from 2022 levels. Is the pain over or are there more declines to come in 2024?
While generally higher on the cost curve than brine operations, spodumene concentrate is converted into battery-grade lithium hydroxide which trades at around …
In addition, there are forecasts of price levels reaching Yuan 120,000/mt for lithium carbonate in October, compared to price levels of Yuan 90,000/mt now, the source said. Market participants indicated that the scarcity of spot cargoes would continue to attract high bids for any future tenders or even in the secondary market with active buying ...
carbonate price was $17,000 per ton in 2021, more than double that in 2020. Spot lithium hydroxide prices in China (c.i.f. North Asia) increased from approximately $9,000 per ton in January to about $27,400 per ton in November. Spot spodumene (6% lithium oxide) prices in China (c.i.f. China) increased from approximately $450 per ton in ...
Lithium carbonate: $13,377 per tonne; Lithium hydroxide: $14,263 per tonne; Spodumene 6%: $1,250 per tonne; As per S&P Global estimation, lithium prices will start to stabilize beginning in 2025 as surplus narrows down. From there, prices would start to rise up again as seen below.
One of Bank of America's most senior commodities strategists says the price of lithium-rich spodumene concentrate will be 63 per cent lower than he has expected this year amid weaker demand for ...
Lithium concentrate (spodumene) 6% Li2O cif China prices USD/mt. Argus brings transparency to the global metal markets through its independent price assessments …
