Spodumene prices continue rally amid tight availability, robust demand and an emerging spot market
Published: Friday, 16 April 2021
The spodumene import price in China has been skyrocketing since the beginning of 2021 following a pickup in customer inquiries and tight availability of the raw material since Altura Mining's assets were taken off the market.
Spodumene mined from Western Australia is a feedstock
material used in the production of lithium chemicals that go
into batteries for electric vehicles. Most of the spodumene
mined in Western Australia is shipped to China, where it is
converted in lithium chemicals.
Pilbara Minerals completed its acquisition of Altura