All eyes on Pilbara Minerals’ lithium auction
Unofficially scheduled for Tuesday October 26 is Pilbara Minerals’ third auction on the Battery Material Exchange (BMX) digital platform for 10,000t (SC5.2%) spodumene.
The second auction went off at an incredible $US2,440/t, singlehandedly sparking a historic 86.5% month-on-month increase for average spod pricing industry-wide.
Susan Zou, non-ferrous editor at Fastmarkets, says bids for the upcoming coming auction “will not be as aggressive
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