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Australian spodcon exports up but still depressed

Posted on - 13 Jul 2023

Category - Data update

Australian spodcon exports bounced 50% m/m in May, but still haven’t cracked on to the levels one may have expected given the substantial expansion projects completed and underway at the moment. Depressed volumes in April-May are suggesting that Q2 reports may be in danger of disappointing. While we’ve already had warnings from Mineral Resources (ASX:MIN) about Wodgina and Mt Marion, unless volumes in June are huge, we suggest that operational results for many other producers may disappoint. Only Greenbushes looks like shrugging off the general production malaise...

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Greenbushes Lithium Mineral Resources Mt Cattlin Mt Marion Pilgangoora Prices Spodumene Concentrate Wodgina