Business
Lithium prices continue to soar – up 88% in 2021 – MINING.COM – MINING.com
Benchmark says some Chinese lithium carbonate producers are putting up sold out signs as domestic prices surge to two-year highs.
Benchmark says in its new report some transactions were concluded as high as $13,400 on signs of a market shortage with producers running out of inventory. The last time domestic Chinese lithium carbonate sold for more than $13,000 was August 2018.
Lithium hydroxide prices in China have also rallied this year, up more than 20%, although a relatively deep discount to carbonate continues to exist.
LFPs overall share of the global battery market in terms of capacity stood at 18.5% in January
Hydroxide…
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