Pilbara's First Auction Results in 2022 Came out with a Price of $5,650/mt

Published: Apr 28, 2022 10:54

Source: SMM

Save

Pilbara's first auction results in 2022 came out with a price of $5,650/mt.

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.

Disclaimer:

The above representation and data is based on market information SMM believes to be reliable at the time of acquiring as well as the comprehensive assessment by SMM research team, and any and all information provided in this article is for reference only. This article does not constitute a direct recommendation for investment or any decisions in any form and clients shall act on their own discreet and any decisions made by clients are not within the responsibility of SMM.

Market

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

5 hours ago

[SMM Analysis] What Drove Global Tungsten Markets in March? Offshore Prices Up 30%, China Enters Consolidation

In March, European APT prices surged 30%, driven by persistent supply shortages, widening the price gap with China to over $400/mtu. Tungsten scrap markets saw panic selling mid-month but stabilized toward month-end. China entered a consolidation phase as mining quota were released, yet strong fundamentals point to renewed upside ahead.

5 hours ago

6 hours ago

Shandong Humon Launches Open Bid for 33 Tons of Electronic-Grade Sodium Antimonate, Pickup by April 20, 2026

SMM, March 30: SMM learned that Shandong Humon will launch an open bid sale for its electronic-grade sodium antimonate, effective today. The quantity is 33 metric tons (subject to the seller's actual quantity), with dobie packaging. The delivery method is buyer pickup, with freight borne by the buyer. Transportation must comply with national regulations using fully licensed hazardous chemical vehicles. The buyer must pick up the goods before April 20, 2026, at the delivery location of Shandong Humon Smelting Co., Ltd.

6 hours ago

[Live] 2026 Panoramic Outlook for the Magnesium Industry, Reshaping the Value of Magnesium from a Global Perspective, Sharing Frontier Technologies in Magnesium Alloys

►New Advances in Magnesium Materials and Processes ►Development and Application of New-Type Low-Cost, High-Strength, Corrosion-Resistant Magnesium Alloys ►Stainless Magnesium Technology: R&D Progress from Alloy Materials to Semi-Solid Processes, R&D and Application of Stainless Magnesium Alloys ►Hefei • Great “Magnesium” Chaohu — Building a First-Class Magnesium Industry Ecosystem in China ►R&D Progress and Current Industrialisation Status of Magnesium-Based Materials and Products at Baowu Magnesium ►Haitian Magnesium Alloy Injection Molding Technology and Market Outlook ►Magnesium from an International Perspective: The Transformation from a Cost-Driven Bulk Commodity to a Strategic Engineering Material ►: Focusing on the New Cycle of Supply and Demand for Magnesium Metal and Downstream Applications — Outlook for the Magnesium Market in 2026

6 hours ago