At a 7 to 7.5 ton SC6 to Ltihium carbonate conversion, they're broadly similar in terms of price per contained litlhium value. Longer term the more processed product should reflect the higher price implied by the conversion process, but not at the moment? Additional to other's thoughts - China pricing vs rest of world pricing - relative share of spot vs contract - ORE always stated carbonate pricing nett of freight, insurance, etc. Is this also true for the spodumene pricing? - has spod conversion capacity run ahead of spod availability? Ability to stick to spot pricing suggests a scramble to fill capacity
AKE Price at posting:
$12.27 Sentiment: Buy Disclosure: Held
