Auto OEMs looking for more price visibility in lithium, Albemarle says

By Michael Greenfield, Michael Greenfield
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...

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