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External News & Commentary, page-799

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    13743 USD equivalent



    Looks like we have well and truly reached DFS pricing requirement for economic viability. Have management pulled the trigger and settled on an offtake price, or are they holding out for possible further price increase?


    Market & price developments

    • Asian seaborne lithium prices were steady against a backdrop of tight availability and firm demand; meanwhile Chinese suppliers have made aggressive offers for battery-grade lithium carbonate.
    • Spot trades in domestic Chinese market remained slow with consumers conducting “hand-to-mouth” purchases, but supply continued to be tight.
    • Europe, US battery-grade lithium spot prices continued to trend higher with deals reported at higher levels.
    Last edited by Kevo88: 08/04/21
 
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