[SMM Flash] Albemarle Completes Wodgina Spodumene Concentrate Auction at US$2,307/dmt CIF China

Published: Sep 2, 2026 15:08

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SMM September 2: Albemarle completed a new round of bidding for spodumene concentrate from its Wodgina operation today. The tender volume was 15,840 dry metric tonnes, with a ±10% quantity tolerance.

The final transaction price was reported at US$2,307/dmt CIF China, normalized to 6% Li₂O. The cargo is priced on a CIF Zhenjiang Port, China basis, excluding VAT. Payment terms are cash in advance, with payment required to be received by September 8.

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