That's been th price for carbonate in China. carbonate has actually been more pricey than hydroxide because of the demand. Most battery makers in China prefer carbonate. If Orocobre starts hydroxide plant it will go over very well with Tesla and any high class vehicle along the lines of Tesla. Tesla and LG prefer Hydroxide while the majority of battery producers are looking for carbonate. The latest contracts for carbonate were $12,500 on average. While spot prices were in the $20,000-30,000 range.
ORE Price at posting:
$3.00 Sentiment: Buy Disclosure: Held
