Lithium pricing news

• March 2020

  GLOBAL LITHIUM WRAP: China’s hydroxide price breaks steady streak

  27 March 2020

  The Chinese domestic spot battery-grade lithium hydroxide price fell by 3.7% on Thursday March 26 after nearly four months' stability, while markets in the rest of the world were subdued due to the spread of the Covid-19 virus.

• Trade log March 2020: Lithium

  26 March 2020

  Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.

• Pilbara Minerals secures offtake agreement with China’s Yibin Tianyi

  25 March 2020

  Australian lithium spodumene concentrate producer Pilbara Minerals said on Wednesday March 25 that it has secured a five-year offtake agreement to supply spodumene concentrate from its Pilgangoora lithium-tantalum project in Western Australia to Chinese lithium manufacturer Yibin Tianyi.

• Tianqi Lithium postpones commissioning of Australian processing plant amid tight liquidity

  24 March 2020

  Major lithium producer Tianqi Lithium Corp has postponed the commissioning of the first phase of its battery-grade lithium hydroxide processing plant in Kwinana, Western Australia, due to rising liquidity issues following the outbreak of the novel coronavirus (2019-nCoV).

• GLOBAL LITHIUM WRAP: China battery-grade lithium carbonate hits new low, EU automaker closures to add pressure

  20 March 2020

  The Chinese domestic spot battery-grade lithium carbonate price fell by 2.1% on Thursday March 19 hitting a new low, with more European carmakers closing production due to the spread of the coronavirus (2019-nCoV) and market participants feeling increasing pressure on the whole market.

• Galaxy Resources says will meet Q1 lithium production target after resuming ops at Mt Cattlin

  16 March 2020

  Galaxy Resources expects to meet its production target of around 14,000-17,000 dry metric tonnes (dtm) of lithium concentrate for the first quarter of 2020 at its Western Australia spodumene project, Mt Cattlin, following the resumption of activities there in February.

• GLOBAL LITHIUM WRAP: Global lithium market flat, wary of economic slowdown

  13 March 2020

  The Chinese domestic spot battery-grade lithium carbonate prices stabilized temporarily on Thursday March 12 after a slight decrease last week. Market in other regions outside of China remained flat with market participants worrying about economy slowdown due to the spread of nCov-2019 (coronavirus) globally.

• Argosy Minerals schedules lithium carbonate shipment to Mitsubishi RtM

  11 March 2020

  Australian lithium miner Argosy Minerals has announced that it will ship a 5-tonne trial cargo of high quality >99.5% lithium carbonate to Japan’s Mitsubishi Corp RtM by the end of March.

• GLOBAL LITHIUM WRAP: Chinese carbonate sellers drop prices in strained market; Europe, US prices hit 3-year low

  06 March 2020

  The battery-grade lithium carbonate price in China broke its steady streak in the week to Thursday March 5 after producers cut offers to meet cash flow needs, while European and US battery-grade prices fell by over 4% week on week.

• February 2020

  GLOBAL LITHIUM WRAP: Market wary of virus spread in South Korea, Europe; participants diverge on supply-demand effects on price

  28 February 2020

  Battery-grade lithium prices were unchanged in Asia, Europe and the United States in the week to Thursday February 27, with market participants continuing to track the spread of the novel coronavirus (2019-nCov) in South Korea and Europe although both regions are yet to see a great impact on prices, sources said.

• Trade log February 2020: Lithium

  27 February 2020

  Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.

• Galaxy’s spodumene production up, sales down in 2019

  24 February 2020

  Australian producer Galaxy raised production of lithium spodumene in 2019, but sales declined due to lower-than-expected demand in China.

• Orocobre takes advantage of acquisition opportunity to consolidate position in Argentina lithium market

  19 February 2020

  Australia-based lithium miner Orocobre has agreed to acquire Advantage Lithium to consolidate its position as a leading producer in Argentina.

• China’s NEV output, sales down more than 50% year on year in January 2020

  17 February 2020

  China’s output and sales of new energy vehicles (NEVs) fell by more than 50% year on year in January 2020.

• GLOBAL LITHIUM WRAP: Chinese hydroxide producers’ plans to raise prices on virus-related costs boost short-term sentiment

  14 February 2020

  China’s battery-grade lithium hydroxide price was supported at current levels this week after some producers announced plans to increase prices to cover higher transport and production costs resulting from containment policies for the novel coronavirus (2019-nCoV) in China.

• Ganfeng increases its stake to 51% in Argentina JV with Lithium Americas

  10 February 2020

  China’s Ganfeng Lithium will pay $16 million to increase its stake to 51% in the Caucharí -Olaroz lithium project in northern Argentina, which is a joint venture with Lithium Americas.

• GLOBAL LITHIUM WRAP: Asian market activity curtailed by delayed return to work; European market still covered

  07 February 2020

  China’s domestic spot lithium market remained quiet this week due to most market participants staying off work on government advice to suspend business operations during the novel coronavirus in China, while the European market was not yet disrupted due to sufficient inventories.

• PRICING NOTICE: Holiday pricing schedule for 2020-2021

  03 February 2020

  View the Fastmarkets holiday pricing schedule for 2020 and 2021.