Bids hit $2,350/dmt in Pilbara Minerals’ third spodumene auction

Bids for spodumene concentrate reached $2,350 per dry metric tonne (dmt) on Tuesday October 26, at Pilbara Minerals’ third auction via its Battery Material Exchange (BMX) platform, sources told Fastmarkets.

The bids were for 10,000 dmt of spodumene concentrate (SC 5.5%) on an fob Port Hedland basis, with shipment in February 2022, according to market participants.

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Susan Zou

October 26, 2021

08:45 GMT