...you can do all the auction you like, but who is buying? China. And China now needs less of lithium.
Breaking News! #Albemarle's latest lithium carbonate auction closes at the same level as the spot price in China. What does this mean? Basically, there was no "price discovery" this time. $ALB could well have sold its 100 tonnes on the spot market.
https://x.com/jczuleta/status/1793338475560792214
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