Australian lithium auction sees record bid as world prices surge.
An auction of lithium from an Australian miner just attracted its highest-ever winning bid.
Pilbara Minerals Ltd. said a buyer will pay the equivalent of $7,708 a ton for spodumene concentrate — a partly-processed form of lithium — delivered to China. The sale of the 5,000-ton cargo on Tuesday compares with a top bid of $7,012 at the last auction on the miner’s Battery Material Exchange in early August.
Soaring prices are already worrying authorities in China. Officials last week asked major lithium firms to ensure that prices don’t deviate too much from production costs, and urged consumers to strike long-term agreements.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The Debut of the Shadow at DC Comics, Up for AuctionICYMI: TheShadow debuts at DCComics and is taking bids at HeritageAuctions today for a super nice CGC copy. Sponsored
Weiterlesen »
Bosch Warns Auto Industry About Putting All Its Eggs In The Lithium-Ion BasketThe head of mobility for Bosch warns the world needs an alternative to lithium-ion batteries in order to avoid a supply disruption.
Weiterlesen »
Buc-ee’s doesn’t hold world records for biggest convenience store, car wash, Guinness saysBuc-ee's has trumpeted its 'world record' titles for years.
Weiterlesen »
High Grade Teenage Mutant Ninja Turtles #5, Up for AuctionICYMI: There is a super nice CGC copy of TMNT 5 from the Mirage run taking bids at HeritageAuctions today. Sponsored
Weiterlesen »
Apple will raise App Store prices in more than 25 countriesApple announced App Store prices will go up in various regions around the world, including Europe - here’s what that price hike means.
Weiterlesen »