Australian lithium miners stress long-term demand as weak prices persist
November 1, 2023 Comments Off
Australian lithium miners bemoaned a lack of market transparency and weak prices unreflective of current realities during quarterly earnings calls. Producers reported lower realized pricing for their spodumene and lithium chemicals products in the first quarter of fiscal 2024. Platts assessed 6% lithium spodumene FOB Australia at $1,950/mt Oct. 27, down 76% from a record high on Nov. 18, 2022,…
Australian lithium miners stress long-term demand as weak prices persist
Australian lithium miners bemoaned a lack of market transparency and weak prices unreflective of current realities during quarterly earnings calls. Producers reported lower realized pricing for their spodumene and lithium chemicals products in the first quarter of fiscal 2024. Platts assessed 6% lithium spodumene FOB Australia at $1,950/mt Oct. 27, down 76% from a record high on Nov. 18, 2022,…
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