LITHIUM SOUTH (LISMF)

[TradingCharts]

Welcome to the April 2021 edition of the lithium miner news. April saw lithium prices rise again (especially Li hydroxide and spodumene). Forecasters are now talking of near term lithium deficits and shortages sharply contrasting talks of surplus a year ago.

Lithium spot and contract price news
Asian Metal reported during the past 30 days, 99.5% lithium carbonate China spot prices were up 0.32 (up 70% the past year). Lithium hydroxide prices were up 6.84%. Spodumene (6% min) prices were up 7.60% over the past month.

Fastmarkets (formerly Metal Bulletin) reports 99.5% lithium carbonate battery grade spot midpoint prices cif China, Japan & Korea of US$11.50/kg (US$11,500/t), and min 56.5% lithium hydroxide battery grade spot midpoint prices cif China, Japan & Korea of US$12.25/kg (US$12,250/t).

Benchmark Mineral Intelligence as of Mid-April reported China lithium carbonate prices of US$12,700/t (technical grade) to US$13,625 (battery grade), and for lithium hydroxide prices of US$11,475/t, and for spodumene-6% no figure was quoted (I have heard US$620-700/t).

Lithium carbonate & hydroxide, battery grade, cif China, Japan & Korea

https://seekingalpha.com/article/4421246-lithium-miners-news-for-the-month-of-april-2021