Way higher than that IMO. According to Platts 5 days ago:
09 Sep 2021 — Platts Battery Metals: Spodumene Concentrate FOB Australia heard on Sep 9 indicatively offered at $1,800-2,000/mt: Chine
https://www.spglobal.com/platts/en/our-methodology/price-assessments/metals/australia-lithium-spodumene-assessment
The Chinese converters will basically break even on the end product to keep the facility in operation. The shoe is totally on the other foot from what upstream producers endured 18 months ago.
Im guessing US$2,200 for 6%.
not advice
BMX auction tipping comp, page-105
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