The London Metal Exchange (LME) is partnering with Fastmarkets to develop the reference price for its planned lithium futures contract. The move comes after industry players, including producers, end-users and several leading automotive firms, urged the LME to develop effective lithium price-risk management tools.
https://www.mining.com/london-metal-exchange-fastmarkets-set-lithium-price-benchmark/
Pricing transparency will lower transaction costs and prices should reflect LCE grades accordingly. Produces with higher quality should achieve higher prices.
Lithium Related News, page-1149
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