Welcome to the September 2019 edition of the lithium miner news. This past month saw lower lithium prices and several announcements by the lithium miners to reduce lithium supply and address the current lithium oversupply problem.
Lithium spot and contract price news
During July, 99% lithium carbonate China spot prices were down 4.15%. Spodumene (5% min) prices were down 2.17%.
Fastmarkets (formerly Metal Bulletin) reports 99.5% lithium carbonate battery grade spot midpoint prices cif China, Japan & Korea of US$10.00/kg (US$10,000/t), and min 56.5% lithium hydroxide battery grade spot midpoint prices cif China,