Rising price of lithium hydroxide has left downstream material factories struggling.Growing demand for high-nickel material in H2 to attract companies to produce battery-grade lithium hydroxide through causticisation of industrial-grade lithium carbonateThis will see carbonate prices following hydroxide. So glad the Oz gov stepped in last year and tightened up the FIRB rules, combined with all WA spod producers pulling supply out of market (projects remaining on C&M). I really do hope the downstream customers are enjoying the squeeze, meaning, they have probably signed chem supply offtakes with a ceiling price, thus not able to pass on higher upstream costs. Don't f#@% with Oz.
Rising price of lithium hydroxide has left downstream material...
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