Sayona Mining Ltd (SYAXF)

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Chinese lithium carbonate prices have made their strongest weekly gains yet, according to Fastmarkets.

It said the battery-grade price had risen 13.6% from a week earlier and the technical-grade rose 16.3%, both the biggest week-on-week gains since Fastmarkets launched its price assessment in October 2017.

It also noted the technical-grade lithium carbonate was trading at parity with battery-grade material in China for the first time since April 2018, both at 120,000-130,000 yuan.

"Strong demand from the LFP battery sector and gains in the lithium futures market have propelled lithium carbonate prices in China's domestic market higher over the past week," it said on Friday.

Benchmark Mineral Intelligence said its lithium price index rose 11.9% in August

https://www.mining-journal.com/research/news/1417148/lithium-prices-rally-higher