Orocobre sets two lithium contracts with pricing formula
Published: Monday, 20 January 2020
Argentinian lithium miner Orocobre has signed two contracts for lithium sales linked to a pricing mechanism for delivery over the next three years.
The contracts, for the supply a combined 10,000 tonnes of
lithium carbonate to two Chinese cathode manufacturers, follow
a trend of companies looking at pricing mechanisms to hedge
their risk against price volatility.
Lithium carbonate prices have gone down by more than 50%
since prices hit a ceiling and...