Auto OEMs looking for more price visibility in lithium, Albemarle says
Published: Wednesday, 18 December 2019
Consumers of batteries are seeking more price transparency in the lithium market, Albemarle said, while predicting the market will move to undersupply by the middle of the next decade.
Lithium producer Albemarle
said part of its customer base is "pressing for more
visibility" on pricing and is looking to move away from fixed
long-term contract pricing.
"Auto original equipment manufacturers (OEMs) are pressing
for more visibility on a price that fluctuates with the market,
insisting that battery producers pass...