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I saw it.If FOB prices of low grade lithium are this high in H2...

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Fantasyboy

4,190 Posts.

2950

23/01/22

10:06

Post #: 59068176
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Originally posted by dugsab: ↑

You didn't acknowledge the 2nd part of my previous post.

AKE anticipate Lithium carbonate prices for H2 FY22 to be approximately US$20,000 per tonne FOB.

Do you realise “FOB” (Free On Board) excludes insurance, sales commission and freight charges included in “CIF” (Cost, Insurance, Freight) pricing?

In other words, AKE's anticipated price of US$20,000/t is net of freight (shipping), insurance and sales commission.

That brings into focus another interesting topic.

When LKE refreshed its PFS and updated its lithium carbonate price to US$15,500/tonne...was it FOB or CIF?

IMO DYOR

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I saw it.
If FOB prices of low grade lithium are this high in H2 FY22, than CIF prices should be even higher.

LKE Price at posting: 94.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

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