Miners under pressure as spodumene price falls below $1,000 a tonne

Large yellow truck used in modern lithium mine in Western Australia. A truck transports ore from the open cast mine.
Large yellow truck used in modern lithium mine in Western Australia. A truck transports ore from the open cast mine.

Spodumene prices dipped below $1,000 a tonne for the first time since August 2021 this month, according to Benchmark’s Lithium Price Assessment, tracking steep declines in prices for lithium chemicals. Spodumene FOB Australia was down by 84% year-on-year to an average of $955 a tonne on 10 January 2024. This represented a 27% drop since […]

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