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Re: None

Saturday, 03/25/2023 6:06:07 AM

Saturday, March 25, 2023 6:06:07 AM

Post# of 287
For reference you can see the daily spodumne spot price in China here https://www.metal.com/Lithium/201906260003
Note the price is quoted in USD and references "galaxy" (now Allkem) and Pilbara as the "brand" which I assume means they are taking thier contract price for that day?

Also note the average price per ton sold in the 1st six months was $4,993USD at 5.4% concentration. you have to adjust the the price to match the spot price quoted @ 6%. note from Pilbara's report see notes page 5:

Equivalent SC6.0 CIF China price for the half-year was US$5,570/dmt. The SC6.0 CIF China price is an industry accepted reference price. The actual concentrate grade delivered to customers is generally less than 6% lithia content ranging between 5.0% to 6.0% lithia, in
which case the actual price received is adjusted pro-rata to the 6% reference price.


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