PILBF - Pilbara Minerals: A Spodumene Producer With Immense Upside Potential
In a recent article, I mentioned that spodumene producers are in trouble. Now, that type of statement kind of goes without saying, especially when one simply observes the trend in pricing for various different lithium products over the last ~1.5 years or so.
In hasn't been pretty.Source: Metal Bulletin
As it pertains to pricing for spodumene concentrate, Fastmarkets recently reported the following:
Fastmarkets assessed the monthly spodumene (min 5-6% Li2O) contract price at $585-650 per tonne cif China on July 31, down from $600-670 per tonne on May 29.
Which correlates more or