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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
·
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
·
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
·
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
·
By Zihao Li, Callum Perry
Insights
CME lithium hydroxide futures volumes accelerate amid first GFEX delivery period
Learn more about the growth in lithium hydroxide futures contracts at the CME for January 2024
January 18, 2024
·
By the Fastmarkets team
Insights
Black mass payables fall in Europe due to “very soft” market
Payables for black mass (shredded and sorted lithium-ion batteries) in the European domestic market continued to drop in the week to January 15 amid weak demand and abundant supply
January 17, 2024
·
By Lee Allen, Tianran Zhao
Insights
Stardust Power to build lithium refinery in Oklahoma, US: CEO | Hotter Commodities
Stardust Power Inc is to build a battery-grade lithium refinery in Oklahoma in the United States, with major construction starting later in 2024, the US-based company’s founder and chief executive officer told Fastmarkets
January 16, 2024
·
By Andrea Hotter
Insights
Mercedes-Benz steps up plans for lithium battery recycling with hydromet plant purchase
Major carmaker Mercedes-Benz has deepened its plans to expand operations in Europe’s lithium-ion battery recycling space with the order of a new hydrometallurgical plant to recover battery metals from black mass
January 15, 2024
·
By Lee Allen
Insights
Lithium battery recyclers must ‘play long game’ to weather current storms: Ecobat VP
Lithium-ion battery recyclers must resist short-term thinking and hold their nerve to navigate the challenges facing their sector, Elliott Ethridge, vice president of global sales at major recycling firm Ecobat, told Fastmarkets in an interview
January 8, 2024
·
By Lee Allen
Insights
Chinese lithium prices resume downtrend amid weak fundamentals
China’s lithium prices resumed their downtrend in the week to Thursday December 21 amid continued tepid appetite from consumers, with a softening futures market contributing to further weakness in the spot market, sources told Fastmarkets
December 22, 2023
·
By the Fastmarkets team, Zihao Li, Callum Perry
Insights
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