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Australian CQ4/21 SpodCon shipments down

Posted on - 09 Feb 2022

Category - Data update

Despite the strength in prices, Western Australian hard rock producers failed to increase supply in CQ4/21. This led to a decrease in shipments which were, in fact, down 3% q/q. Mine inventories declined due to the fall in production and we understand that inventories in China remain extremely depressed. Despite reported significant increases in production in Chile, lithium carbonate exports also do not seem to be rising that quickly. Chile exported 134Kt in 2021 vs 98Kt in 2020. While this was a rise of 37%, much of this material was not battery grade (requiring further upgrading) and given the huge...

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Topics

Australia China Lithium Lithium Carbonate SpodCon