A digital platform for the physical lithium market

The energy transition is rapidly reshaping the lithium market and upending traditional supply chains. To help the lithium ecosystem flourish, Fastmarkets are launching a digital platform that will be an essential piece of new infrastructure.

Fastmarkets development of the platform will be informed by an advisory group. The platform will offer participants the tools they need. Its capabilities will:

• Enable participants to access and source liquidity in a transparent electronic environment
• Promote standardization of trading across lithium products
• Build stronger foundations for future benchmark development 
• Unlock liquidity, connecting buyers and sellers across the supply chain, creating a network effect for users

Advisory group:
Formed by firms from across the supply chain, the advisory group will help inform the platform developed by Fastmarkets.

Members include:

• BASF Battery Materials AG
• CEIC Group
• Ganfeng Lithium Group
• Glencore International AG
• Liontown Limited
• PLS
• Sichuan Yahua Lithium Group
• SQM International Lithium
• Tyeeli Co ltd
• WMC Group AG

Key lithium price instruments:
Fastmarkets publishes a comprehensive list of actively assessed lithium price series used by miners, processors, battery makers and OEMs to price contracts and manage risk.

• Spodumene concentrate
• Lithium hydroxide
• Lithium carbonate