Lithium buyers express frustration as suppliers call shots

By Myles McCormick
Published: Friday, 11 November 2016

High prices, long terms commitments and contract peculiarities are among the features being flagged by buyers during ongoing lithium contract negotiations.

As players in the lithium industry look to close 2017 contracts over the coming weeks, buyers have expressed frustration about the one-sided nature of the negotiations.

In what one buyer described as "definitely a seller’s market", lithium producers are all seeking higher prices and changes to traditional contract terms.

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