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Shavasana

12/18/17 12:04 AM

#4999 RE: Rig1 #4998

From page 3 of recent lithium americas presentation they differentiate between "contract prices" ($13k/ton) and China Lithium "spot" prices ($25k/ton). My working understanding is that the cot rant prices are between mines and refiners where as "spot" prices are for lithium carbonate in the open market.

http://lithiumamericas.com/wp-content/uploads/2017/12/LAC-Investor-Presentation-December-2017.pdf