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Spodumene conc. S/I ratio troughing

Posted on - 08 May 2020

Category - Data update

Our calculated Shipments/Inventory ratio for Western Australia spodumene concentrate looks close to troughing, suggesting that a recovery in spodumene concentrate prices could be as little as 6 months away. Given the substantial increase in demand for spodumene concentrate in the past 12-18 months, and the relatively low inventory levels at mines (less than 2 months of supply), we believe that any recovery in spodumene concentrate prices could be rapid.

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China Spodumene