Key Highlights:
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CME lithium hydroxide October futures jumped over xxx before easing in September.
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July exports fell xxx month-on-month to just x,xxx tonnes, tightening global supply.
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Covalent Lithium’s Kwinana refinery produced its first battery-grade hydroxide, aiming for xx,xxx tonnes per annum capacity.
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Rock Tech Lithium secured long-term renewable power for its planned German converter, cutting projected COx emissions by xxx.
Global lithium hydroxide prices, which roared to record highs in August on the back of tightening supply and aggressive restocking, have stumbled in early September as traders locked in profits and fresh supply signals emerged. After surging more than xxx last month to touch USD xx,xxx per tonne on the CME’s October contract of lithium hydroxide, the market has since eased to around USD xx,xxx, reflecting a shift in sentiment from panic buying to cautious recalibration. For...
