Albemarle, the world’s leading lithium producer, is set to conduct auctions on the Metalshub digital trading platform in a bid to improve price discovery and transparency within the lithium market. The first auction, scheduled for March 26, will involve 10,000 metric tons of spodumene ore. With the lithium industry grappling with price volatility and uncertain benchmarks, Albemarle’s move aims to address these challenges and create a fair and transparent pricing mechanism for all stakeholders.
Albemarle Initiates Online Auctions to Enhance Transparency in Lithium Pricing