SGML - Lithium Miners News For The Month Of January 2024
2024-01-26 07:01:12 ET
Summary
- Lithium carbonate spot prices were flat and lithium hydroxide and spodumene spot prices were lower the past month.
- Lithium market news - AustralianSuper swoops on lithium stocks after price plunge. Will Adams: Lithium orders to start flowing upstream again either towards the end Q1, or early Q2, 2024.
- Lithium company news - Albemarle outlines actions to preserve growth, reduce costs and optimize cash flow. SQM makes deal with Codelco reducing their Atacama share to 50% from 2025-2060.
- Ganfeng signs long-term supply deal with Hyundai Motor. Pilbara Minerals expands Ganfeng offtake agreement.
- Core Lithium temporarily suspends Grants open pit mining. Sayona Quebec announces a strategic review at NAL to optimise costs.
Welcome to the January 2024 edition of the lithium miner news.
The past month saw lithium prices flat (carbonate) to lower (hydroxide, spodumene).
Lithium price news
Asian Metal reported during the past 30 days, the China delivered lithium carbonate (99.5% min.) spot price was down 0.45% and the China lithium hydroxide (56.5% min.) price was down 4.57% . The Lithium Iron Phosphate (3.9% min) price was down 1.54% . The Spodumene (6% min) price was down 8.06% over the past 30 days....
Lithium Miners News For The Month Of January 2024