Original article by Elouise Fowler
The Australian Financial Review – Page: 15 & 20 : 4-Sep-24

Australia currently has seven lithium mines in the production stage, but Citigroup’s brokers estimate that the Greenbushes mine is the only one that is profitable at present. This is based on the running costs of each mine at the current spot price. Data from S&P Global Platts shows that the spot price of spodumene concentrate with six per cent lithium content has fallen by 23 per cent over the last 45 day, and was trading at $US720 per tonne on 2 September; this compares with more than $US8,000 per tonne in 2022.

CORPORATES
CITIGROUP PTY LTD, S&P GLOBAL PLATTS