CXO 4.17% 11.5¢ core lithium ltd

Just about the latest Fastmarkets price chart. Core previously...

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  1. 2,976 Posts.
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    Just about the latest Fastmarkets price chart.

    Core previously stated: "Pricing for both cargos is linked to the Fastmarkets (spodumene 6% CIF China) price with no floor or ceiling."

    I'd note the words used were "linked to" not "at" so there could be some multiplier adjustment within the linked calculation or it may use some sort of averaging across more than one reported value. The starting point would appear to be around US$4,850/t. With fastmarkets updating this pricing series on a fortnightly update, there will be two more price updates, one mid-April and just before the end of April.

    https://hotcopper.com.au/data/attachments/5178/5178297-b033384150a1c41406aeddece98a9333.jpg
 
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