LTR 2.47% 79.0¢ liontown resources limited

ASX Today, page-35824

  1. 37 Posts.
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    Most people seem wound up on the spodumene spot price and/or the lithium carbonate price.

    Liontown has put in place a CONTRACT with its major customers based on a formula, taking the lithium HYDROXIDE price into account. These contracts will run for a set period of time.

    I also remember Tony mentioning our tier 1 customers being quite sophisticated and understanding the importance and scope of the contracts. I.e. they need the product as much as we need to sell it to them.

    So stressing about the day to day spot price is a waste of time and energy IMO
 
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