Business
ASX lithium shares are surging across the board. Here’s why
ASX lithium shares from producers to explorers are surging across the board on Friday. This follows firmer prices and demand for battery-grade lithium, as well as a positive flow of news from individual lithium companies.
Lithium prices continue to push higher
Fastmarkets provides updates and commentary for recent lithium price movements. Its most recent update for the week ended Thursday 1 April highlighted:
- Lithium prices in China rise on active restocking while supply remains tight;
- Seaborne Asian lithium prices tick up on persisting tight availability;
- European and US prices post further gains on firm prices for technical-grade material.
It noted that lithium carbonate, 99.5% Li2CO3 min, battery grade, spot price…
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