Lithium Price, Output Drop in Chile No Deterrent To China Joint Venture — Panjiva
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Lithium Price, Output Drop in Chile No Deterrent To China Joint Venture

Australia 131 Chile 109 China 3006 Materials - Metals/Mining 771 South Korea 596

Lithium miner Alliance Mineral Assets has formed a joint-venture with Jiante to supply lithium hydroxide to the Jiante’s battery manufacturing plants from a new Australian mine. That’s part of a long-term arms race to secure access to the material, though in the near-term oversupply appears to be depressing prices according to S&P Global Platts. Chilean miners, including SQM, are already facing a after a 14.1% sequential drop in average export values in February. There were also zero shipments from Chile to China in February for the first time since at least 2009 with buyers in South Kor...

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