Lithium prices continue to climb, up 88% in 2021
Lithium prices continue to rise exponentially in China amid strong demand for lithium iron phosphate (LFP) batteries, the first-ever mid-month assessment by the Chinese supply chain research agency. batteries and the Benchmark Mineral Intelligence pricing reporting agency.
The median benchmark battery grade lithium carbonate price (EXW China, ≥99.0% Li2CO3) for mid-March shows that the raw material has risen 88% just year-to-date to over 12,600 $ per tonne, the highest level since March 2019.
