SHANGHAI, Apr 28 (SMM) - Pilbara, an Australian lithium miner, held the first lithium concentrate auction in 2022 on April 27, Beijing time. The auction price was $5,650/mt, which was in line with market expectations. The auction totalled 5,000 mt. According to the calculation, the cost of lithium carbonate is about 400,000 yuan/mt combined with the ocean freight of $90/mt.

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