Albemarle Concludes Spodumene Concentrate Auction at USD 808/Tonne; Shipment Scheduled for Late September

[Albemarle Spodumene Concentrate Bidding Concluded]

The bidding for Albemarle's spodumene concentrate concluded in the afternoon of September 13th. This tender was for 16,000 tonnes of spodumene concentrate sourced from the Wodgina mine with an average grade of 5.5%, which was ultimately sold at a discounted price of USD 808 per tonne (on a 6% basis). The shipment of this batch of spodumene concentrate is expected to depart from the Port of Hedland on September 29th and arrive at the domestic Zhenjiang Port on October 10th.