There is a post of an article in Gxy thread, courtesy of...

There is a post of an article in Gxy thread, courtesy of James56, that solidifies LPD’s decision to change tact into hydroxide to avoid costly retooling in the future. The price gap is as big as 25% in favour of hydroxide as I’ve highlighted below - this will magnify the bottom line benefits for LPd because we have a better selling price and better cost curve with loh-max. Whichever direction the prices of carbonate and hydroxide move, it is likely that this price gap stays or even widen (because of stronger demand). So just sit back.

https://hotcopper.com.au/posts/37548347/single

“The prevailing theme for the lithium market over the past several months has been falling prices in China, the top lithium consumer due to its dominance over the electric vehicle/ EV battery market. The country represents half of global EV sales and Chinese company CATL is the largest EV battery maker in the world.

Indeed prices of lithium carbonate and lithium hydroxide - both can be used in the EV battery cathode - have dropped. Lithium carbonate now sells for about $12,000 a tonne, 50% less than a year ago, while lithium hydroxide goes for around $16,000/t in China compared to $20,000/t six months ago.”