Lithium Carbonate (Li₂CO₃)
Battery Grade (99.5% min)
- Li₂CO₃ Content: ≥99.5%
- Na: ≤150 ppm
- K: ≤20 ppm
- Ca: ≤50 ppm
- Mg: ≤50 ppm
- Fe: ≤5 ppm
- SO₄: ≤200 ppm
- Cl: ≤50 ppm
- H₂O: ≤0.5%
- Magnetic material: ≤50 ppb
Current Price Range (March 2026): $19,000-22,000/MT CIF Asia
Contract Size: Typically 10-500 MT per shipment
Packaging: 25kg bags, 1MT big bags, or bulk
Technical Grade (99.0% min)
- Li₂CO₃ Content: ≥99.0%
- Na: ≤300 ppm
- Fe: ≤20 ppm
- SO₄: ≤500 ppm
Current Price Range: $17,000-19,000/MT CIF Asia
Applications: Glass, ceramics, lubricants
Lithium Hydroxide Monohydrate (LiOH·H₂O)
Battery Grade (56.5% min LiOH)
- LiOH Content: ≥56.5%
- CO₂: ≤0.35%
- Na: ≤50 ppm
- K: ≤20 ppm
- Ca: ≤50 ppm
- Fe: ≤5 ppm
- SO₄: ≤50 ppm
- Cl: ≤50 ppm
- Magnetic material: ≤50 ppb
Current Price Range: $20,000-24,000/MT CIF Asia
Premium over carbonate: Typically $1,000-3,000/MT
Key Applications: NMC811 and NCA cathodes for high-energy density batteries
Spodumene Concentrate
SC6.0 (6.0% Li₂O min)
- Li₂O Content: 6.0% minimum
- Fe₂O₃: ≤1.2%
- Moisture: ≤1%
- Size: -10mm typical
Current Price Range: $2,000-2,300/MT CIF China
Major Sources: Australia (Pilbara, Greenbushes), Zimbabwe, Canada
SC5.5 (5.5% Li₂O min)
- Li₂O Content: 5.5% minimum
- Typical discount: $100-200/MT below SC6.0
Direct Lithium Extraction (DLE) Products
Lithium Chloride Solution
- LiCl Concentration: 6-8%
- Mg/Li Ratio: <0.1
- Recovery Rate: >90%
Processing: Converted to carbonate or hydroxide at refinery
Pricing Mechanisms
Spot Market
- Immediate delivery (within 30 days)
- Published by: Fastmarkets, Benchmark Minerals, Asian Metal
- Assessment frequency: Weekly or bi-weekly
- Typical lot size: 10-100 MT
Contract Pricing
- Formula-based: Linked to spot indices with floors/ceilings
- Fixed price: Quarterly or annual negotiations
- Hybrid: Base price plus market adjustment factor
- Typical terms: 1-3 year contracts with volume commitments
Quality Premiums/Discounts
- Ultra-low sodium (<30ppm): +$500-1,000/MT
- Micronized product: +$300-500/MT
- Off-spec material: -$1,000-3,000/MT
Conversion Factors
- 1 MT Li₂CO₃ = 0.188 MT Li metal
- 1 MT LiOH·H₂O = 0.165 MT Li metal
- 1 MT SC6.0 = 0.128 MT Li₂CO₃ (theoretical)
- Typical recovery rate spodumene to carbonate: 75-80%
Shipping & Logistics
Container Specifications
- 20' container: 20-25 MT lithium carbonate
- 40' container: 25-27 MT lithium carbonate
- Bulk vessel: 3,000-30,000 MT spodumene concentrate
Incoterms
- CIF China/Japan/Korea: Most common for Asian buyers
- FOB Australia/Chile: Common for spodumene/brine products
- DDP Europe/USA: Growing for battery-grade materials
Quality Testing Standards
- ISO 11088: Lithium carbonate specifications
- GB/T 11075-2013: Chinese national standard
- ICP-OES/ICP-MS: Trace element analysis
- XRD: Crystal structure verification
- Particle size: D50 typically 3-15 μm for battery grade
Market Delivery Points
Major Trading Hubs
- China: Shanghai, Tianjin, Guangzhou
- Japan: Tokyo, Osaka
- South Korea: Busan, Ulsan
- Europe: Rotterdam, Antwerp, Hamburg
- USA: Houston, Long Beach, Charleston
For Traders
Track spot prices against futures curves. Current backwardation suggests tight near-term supply. Monitor conversion spreads between carbonate and hydroxide for arbitrage opportunities.
For Industrial Buyers
Lock in forward contracts during seasonal lows (typically Q1). Consider strategic inventory builds when spot-contract spreads narrow. Diversify suppliers across brine and hard-rock sources.
Quality Matters
Battery-grade premiums justified by strict cathode requirements. Even 10ppm excess impurities can affect battery performance. Ensure certificates of analysis from accredited labs.