2024-07-25 11:23:42 ET
Summary
- Lithium prices were lower the past month. China lithium carbonate prices hit their lowest point in ~3 years.
- Lithium market news - BMI (unit of Fitch Solutions) forecasts mainland Chinese lithium carbonate 99.5% to average $15,500/tonne in 2024 and $20,000/tonne in 2025.
- Lithium company news - Albemarle CEO - Lithium's low price does not justify new spending on plants. Pilbara Minerals strong operational performance with record production volume of 226.2Kt in Q2.
- Core Lithium Finniss operations will now pause. Argosy Minerals to suspend operations at the 2,000tpa Rincon Lithium Mine.
Welcome to the July 2024 edition of the lithium miner news.
The past month saw lithium prices lower, with China lithium carbonate prices hitting their lowest point in ~3 years.
Lithium price news
Asian Metal reported during the past 30 days, the China delivered lithium carbonate (99.5% min.) spot price was down 4.77% and the China lithium hydroxide (56.5% min.) price was down 2.93% . The Lithium Iron Phosphate (3.9% min) price was down 1.72% . The Spodumene (6% min) price was down 4.77% over the past 30 days....
Read the full article on Seeking Alpha
For further details see:
Lithium Miners News For The Month Of July 2024