On the afternoon of April 27, Pilbara BMX held the fourth lithium concentrate auction, and the price was settled at US$5,650/ton,. This is a 140% increase from Pilbara's third auction at the end of October 2021. The amount of ore in this auction is 5,000 tons, and the concentrate grade is 5.5%.
That equals to around $396k yuan of LCE per tonne, or current exchange rate of US$60k.
DYOR
Frank
Good News & Bad News, page-9760
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