LME to launch lithium contract to help market hedge risks

By Sofia Okun
Published: Wednesday, 14 July 2021

The London Metal Exchange will launch a new lithium futures contract on Monday July 19, settled against Fastmarkets’ assessment for battery-grade lithium hydroxide. The contract will help cater to a growing need among original equipment manufacturers (OEMs), improving risk management across the supply chain, experts said.

Antonio Masiero, the LME’s product development manager, confirmed the launch during a webinar titled "LME and Fastmarkets: Spotlight on Lithium" on Wednesday July 14.

"We started from lithium hydroxide," Masiero said, "and I am sure it will not be the last lithium contract that the LME launches."

The lithium...

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