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Lithium traders face challenges and opportunities amid market volatility
Traders have built up their presence in the lithium market in recent years; they see an opportunity in lower prices – after record highs set in 2022 – while the lithium industry aims to take advantage of an expected growth in demand spurred by the global energy transition
February 14, 2024
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By the Fastmarkets team, Dalila Ouerghi, Jon Stibbs, Callum Perry
Insights
Proposal to amend Europe/US lithium prices and launch US/Canada lithium prices
Fastmarkets’ proposal follows initial feedback from market participants who are interested in seeing regional price references for lithium in the US and Canada that reflect the evolving battery supply chain in the region, and new market dynamics arising from the US’ enactment of the Inflation Reduction Act (IRA) legislation. The landmark IRA legislation, which was […]
February 12, 2024
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By Grace Asenov
Insights
Brazil’s Sigma mulls midstream lithium chemical production
Brazilian spodumene concentrate producer, Sigma Lithium, is mulling strategies during the current spodumene price downturn, including going further downstream to become one of the most competitive companies in the intermediate lithium chemicals market, chief executive officer Ana Cabral said on Thursday February 1
February 5, 2024
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By Renato Rostás
Insights
Chinese lithium price edge up amid pre-holiday restocking, seller inactivity
China’s spot lithium prices edged up over the week to Thursday February 1 amid a sharp uptick in restocking demand ahead of the Lunar New Year holiday (LNY), and some sellers refraining from making sales to increase prices, sources told Fastmarkets
February 5, 2024
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By Dalila Ouerghi, Zihao Li
Insights
More downside seen for Asian black mass payables amid weak buying
Payables for black mass in key Asian markets showed potential for more downside in the week ended Wednesday January 31, according to market sources
February 5, 2024
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By Lee Allen, Tianran Zhao
Insights
Chinese lithium producers issue profit warnings amid falling lithium prices
Major Chinese lithium producers Ganfeng Lithium Group and Tianqi Lithium Corp issued profit warnings on Tuesday January 30, ahead of the publication of their annual results, due to the significant decline in lithium prices in 2023
February 1, 2024
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By Callum Perry
Insights
Market volatility drives changes to QPs in spodumene contracts | 2024 preview
Underlying terms for contracts of spodumene are evolving for 2024 and beyond to address market volatility
January 30, 2024
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By Justin Yang, Callum Perry
Insights
IGO increases frequency of spodumene concentrate offtake pricing from Greenbushes mine
Australian miner IGO Ltd will reset its spodumene concentrate offtake volumes pricing from the Greenbushes Operation every month, effective from January 1, 2024,
January 29, 2024
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By Zihao Li
Insights
Falling spodumene prices pressure Pilbara Minerals’ quarterly revenue
Australian spodumene producer Pilbara Minerals recorded an increase in spodumene sales in the fourth quarter of fiscal year 2024, although realized prices fell, the company announced on Wednesday January 24
January 29, 2024
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By Callum Perry
Insights
Participants speculate price floor for spodumene following sharp declines and operational suspension
Market participants across the lithium value chain have been speculating over the price floor for spodumene, a key feedstock to produce lithium chemicals, amid sustained weakness in prices
January 19, 2024
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By Zihao Li, Callum Perry
Insights
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