Wednesday, February 17, 2016
Lithium prices are surging
The lithium industry is going through its strongest ever period of price increases as both prices of lithium carbonate and hydroxide – the two primary chemicals produced – head north of $10,000/tonne.
According to data collected by Benchmark Mineral Intelligence, the price of lithium carbonate so far in 2016 is 47% higher than last year’s average and the industry is experiencing some of the widest price ranges ever seen.
Still like Orocobre as they have reached break even production levels and are hopefully going to achieve nameplate production of lithium later this year.