LTM 1.26% $6.81 arcadium lithium plc

Cannot find where they reported the AKE costs, profit and loss....

  1. 2,483 Posts.
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    Cannot find where they reported the AKE costs, profit and loss. Did I miss it?

    Yes, that's terrible price. Even at the latest prices, 5.5% spod from SMM is quoted US$850/t at the moment. I can't imagine what's the current price Mt Cat. fetches, as the average price of the quarter was only $763 for its 5.3% spod.

    Likewise the carbonhydrate sold price was pathetic. For the whole quarter that price is equivelant to about CNY 97k/t. But the Chinese spot price, even for industrial grade, did not fall below CNY 110k/t until mid December.

    Now I can only think the Chinese are not manipulating the prices. Their spot prices are actually far better than many realised.

    AKE operation was probably losing money already.
 
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