SHANGHAI, Jun 5 (SMM) –Lepidolite prices continued to rise last week amid unstable production. The current high lepidolite prices have somehow cooled down the buying interest of lithium salt smelters. A large number of dressing plants in Yichun, Jiangxi province, are running at extremely low capacity. The recent high auction prices of Yichun Tantalum-Niobium Mine may send market prices up further.
Spodumene prices dropped slightly on a CIF basis. Chinese lithium carbonate smelters’ appetite for expensive Australian lithium ore has softened. The supply of African lithium ore has increased significantly. As such, spodumene prices may continue to drop slightly.
