Welcome to the July 2020 edition of the lithium miner news. July saw lithium prices only slightly lower and further significant moves by companies (BMW) and countries [UK] to secure lithium supply and invest in lithium-ion battery megafactories. Depressed lithium prices continue to subdue the lithium miners sector despite the tsunami of lithium demand (6x increase) set to hit this decade, and the EV and battery manufacturers strong price rally.
Lithium spot and contract price news
During July, 99.5% lithium carbonate China spot prices were down 0.36%. Lithium hydroxide prices were down 1.31%.