Lithium & The Future, page-3750

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https://www.reuters.com/article/us-...the-industry-cant-seem-to-agree-idUSKCN1TA04F
How much does lithium cost? The industry can't seem to agree

“The fact that there isn’t a benchmark price means that some of the banks haven’t been keen to get involved because they can’t hedge their price risk,”

For now, the industry grabs on to whatever scuttlebutt it can find, with data swirling on prices for spodumene, a hard rock containing lithium; prices for hydroxide or carbonate, the two main types of lithium used in batteries; or prices paid by battery manufacturers across China, Japan and South Korea.

Even with the price uncertainty, though, demand is spiking. Toyota Motor Corp, for example, plans to have half of its global sales come from electric vehicles by 2025.

more in the article...