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SC6/LHM and copper prices lead the pack in April

Posted on - 12 May 2021

Category - Commodity prices

It was a strong month for the SC6 and lithium hydroxide silo, with SC6 prices continuing their upward march and LHM prices continuing to rise, outpacing lithium carbonate prices, which consolidated slightly. Company reporting continued to highlight the shortage of inventories within the lithium complex and it’s likely that prices could continue on their run in coming months. LME nickel and copper prices went on a bit of a tear, particularly in the second half of the month. It was interesting to see the strong import demand for nickel sulphate supporting fundamentals, while copper’s run seems a little more macro-driven....

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Copper Hard rock Lithium Lithium Hydroxide Nickel REE