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20 Sep
13:26

Pilbara Minerals confirms 10% increase in latest spodumene auction

Australian spodumene producer Pilbara Minerals confirmed on Tuesday a 10% increase in the price of its latest spot cargo, scheduled for delivery in mid-October, Kallanish reports. Its ninth spodumene concentrate auction, held via its digital Battery Material Exchange (BMX) platform, attracted 22 bids for a 5,000-dry-metric-tonne cargo at a grade of 5.5% lithia. Pilbara says it intends to accept the highest bid of $6,988/dmt fob Port Headland, 10% higher than the $…
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