I've been doing more reading/listening regarding LTM, and they have their act together. They have a take or pay price floor of at least US$20k/t for their products.
The average spot price for carbonate in the March quarter was around US$14k/t and LTM received above US$20k/t.
June quaterly results should be better as average prices were higher in June than the March quarter.
Lithium mines that have closed or about to close, page-41
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