Li-related News/Articles/Reports, page-1113

Fair enough, but if anyone was actually receiving volume contract pricing anywhere near the current spot price, it would be identified in the quarterly reports. AKE reports on Tuesday (18 Jan 22), so this should be a very good price indicator for a 12 ktpa brine operation in Argentina, which is exactly what AGY are aiming to (eventually) achieve. As forecast by AKE, it's likely to be around US$12k per tonne, which is approximately a quarter of the current spot price.

I see no reason why AGY wouldn't end up with contract terms similar to other current producers. While pricing will be linked to the market price, any offtake arrangement will have an agreed floor and ceiling price, particularly with the fast moving spot market as it currently is.

Don't get me wrong, I'm very optimistic about AGY's future and think we'll all do very well, but I've seen the same sentiment over at CXO where a number of posters assume that they'll be receiving spot rates for contracted volumes - it's just not going to happen. My suggestion is simply to keep an eye on the quarterly reports for other brine operations to gauge contract prices relative to current spot prices and that should give a very strong indicator of the likely pricing that AGY will receive.