Spodumene (SC6.0) concentrate prices are on the up up. Many...

Spodumene (SC6.0) concentrate prices are on the up up. Many green shoots are now sprouting.

“and pricing for Q3 scheduled shipment likely to exceed US$750/ mt CIF”, extract from today’s GXY ASX release titled Mt Caitlan Update.

WOW, this price is well above what they expected to receive in an announcement only six weeks ago (+US$600/dmt CIF). At this rate the price could be +US$900 in six weeks time. A long way from those lows only 6 months ago, an ever increasing upward fluid spod price is great for all lithium players and shareholders.

http://www.asx.com.au/asxpdf/20210603/pdf/44x290y8hsmxng.pdf

Spodumene (SC6.0) concentrate prices by quarter:
June 2021 qtr US$ the sky is the limit, plus US$ 600 (~+30%)
March 2021 qtr US$ 503-546 per dmt (~29-36%), was US$480 EoJan
Dec 2020 qtr US$ 390-400 per dmt (0%), Fastmarkets
Sep 2020 qtr US$ 390-405 per dmt (-3%)
June 2020 qtr US$ 411 per dmt (-2%)
Mar 2020 qtr US$ 419 per dmt (-19%)
Dec 2019 qtr US$ 520 per dmt (-14%), Mar 2020 quarter – MIN no longer reporting received price.
Sep 2019 qtr US$ 608 per dmt (-11%)
Jun 2019 qtr US$ 682 per dmt (-14%)
Mar 2019 qtr US$ 791 per dmt (-14%)
Dec 2018 qtr US$ 930 per dmt (-13%)
Sep 2018 qtr US$1070 per dmt (+11%)
Jun 2018 qtr US$ 960 per dmt (+7%)
Mar 2018 qtr US$ 900 per dmt (+7%)

Spod oresome exciting times ahead for all AVZ shareholders. … Bye …

……………………………………………………………………………………………….……
Sometimes the questions are complicated and the answers are simple.
~ Dr Seuss