Correction to spodumene min 6% Li2O, spot price, cif China

Fastmarkets has corrected its MB-LI-0012 spodumene min 6% Li2O, spot price, which was published incorrectly on Wednesday September 25.

The price range has been amended to $750-802.86 per tonne from $750-802 per tonne. Fastmarkets’ pricing database has been updated to reflect this change.

The rationale has also been corrected with the following:

– “Indications ranged from $750-802/t” has been amended into “Indications ranged from $750-802.86/t”.
– “A deal heard was reported at $802.86/t” has been amended to “A deal heard was reported at $770-780/t”.
– “The top end of the range was up, pegged to an indication. A deal heard and deal at $802.86/t were not fully reflected due to a lack of details, but supported the upward move today” has been amended into “The top end of the range was up, pegged to a deal and an indication”.

This price is part of Fastmarkets’ industrial minerals package.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Callum Perry and Zihao Li by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Callum Perry/Zihao Li, re CIF China spodumene prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

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