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2 months ago | 
oilandinvest.com | Sybil Pan |Zachary Shahan |Marilyn Scales
The following prices were affected:MB-LI-0036 Lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range exw domestic China, yuan/ tonneMB-LI-0040 Lithium hydroxide monohydrate LiOH.H2O, 56.5% LiOH min, battery grade, spot price range exw domestic China, yuan/tonneThese prices are a part of the Fastmarkets industrial minerals package.
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Apr 19, 2024 | 
metalbulletin.com | Sybil Pan
Welcome to Fastmarkets MB now incorporating Steel First All Steel First prices, news and market analysis can be found here on www.metalbulletin.com <![endif]--><![endif]--> China’s manganese sulfate prices held steady for a third consecutive week on Thursday April 18 despite output cuts and higher costs, sources told Fastmarkets. ... April 19, 2024 09:26 GMT Shanghai...
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Apr 17, 2024 | 
fastmarkets.com | Charlotte Price |Sybil Pan |Carrie Shi |Yiwen Ju |Zihao Li
Australianminer Pilbara Minerals and US-based miner Albemarle have both conducted online bidding events for spot sales of their spodumene in the past month to raise transparency of prices in the spodumene market. Pilbara Minerals had accepted an offer for 5,000 dry metric tonnes (dmt) of spodumene concentrate at $1,106 per dmt on a SC5.5 CIF China basis made before an auction scheduled for March 18 on the company’s digital platform Battery Material Exchange.
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Apr 15, 2024 | 
metalbulletin.com | Carrie Shi |Sybil Pan |Yiwen Ju
Welcome to Fastmarkets MB now incorporating Steel First All Steel First prices, news and market analysis can be found here on www.metalbulletin.com <![endif]--><![endif]--> The key discussion topics across the battery raw materials sector ahead of Fastmarkets' Asian Battery Raw Materials conference taking place in Seoul on April 22-23. ... April 15, 2024 10:37 GMT Shanghai...
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Jan 30, 2024 | 
fastmarkets.com | Alexander Cook |Sybil Pan |Claire Patel-Campbell |Julia Bolotova
A ramp-up in cobalt hydroxide mined supply has led to a focus for producers to examine alternative pricing options to the traditional Rotterdam standard grade cobalt metal price as a basis reference. Alternatives have included the use of cobalt hydroxide payables, outright hydroxide prices and cobalt sulfate prices. Some producers have opted for a basket of such to mitigate risk.
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Jan 29, 2024 | 
fastmarkets.com | Callum Perry |Andrea Hotter |Sybil Pan |Letícia Simionato
In Pilbara Minerals’ fourth-quarter activities report, which covers the three months to December 31, the mining company reported a 9% increase in sales in the fourth quarter to 159,900 tonnes of spodumene, up from 146,400 tonnes in the previous quarter. But realized prices for spodumene fell by 50% in the quarter, with the company reporting an average estimated realized price of $1,113 per tonne, compared with $2,240 per tonne in the previous quarter.
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Jan 23, 2024 | 
fastmarkets.com | Nina Y. Hu |Zihao Li |Sybil Pan |Lewis Charlesworth
China’s Great Wall Motor has signed a Memorandum of Understanding with the government of Thailand, gaining approval for its “EV 3.5” subsidy scheme, aimed at incentivizing the production and purchasing of (EVs) within Thailand, the company announced on Saturday January 20. Other Chinese automakers benefiting from the subsidy include Changan Automobile and SAIC Motor.
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Jan 19, 2024 | 
fastmarkets.com | Zihao Li |Callum Perry |Sybil Pan |Lee Allen
Market participants across the lithium value chain have been speculating over the price floor for spodumene, a key feedstock to produce lithium chemicals, amid sustained weakness in pricesSpodumene prices have fallen by close to 90% since January 2023, a trend which is similarly reflected in the prices for battery-grade lithium hydroxide and carbonate in Asia. Fastmarkets most recently assessed the spodumene min 6% Li2O, spot price, cif China at $800-950 per tonne on Wednesday January 17.
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Dec 22, 2023 | 
fastmarkets.com | Zihao Li |Callum Perry |Caroline Messecar |Sybil Pan
Overall sentiment in the Chinese market remained bearish, sources added. In the East Asia market, lithium hydroxide prices continued to trend downward amid weak fundamentals. While lithium carbonate prices showed a little strength amid improved liquidity, market participants did not believe this could be interpreted as the start of a rebound amid overall scarce demand.
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Dec 18, 2023 | 
fastmarkets.com | Sofia Okun |Zihao Li |Sybil Pan |Alexander Cook
“European clients are afraid of [a potential] anti-dumping tariff in March and create the inventory in advance; it gave Chinese TiO2 manufacturers the opportunity to increase the price,” a market source told Fastmarkets. One Chinese TiO2 producer plans to increase offer prices by $100 per tonne starting January 1, 2024, this source and two other market participants have heard. Despite the tension on the market, current prices remained rangebound.
