Our Lithium Spodumene FOB Australia based on a FOB Australia basis, reflecting physical spot market price for lithium spodumene with a min 6% lithium oxide content exported on a free on board basis of a min volume of 1,000mt from Western Australian ports within 30 days of the date of publication.

The assessments are based on market information, including, but not limited to, firm bids and offers, and trades reported to the editor through the month. Other qualities are considered, and may be normalized back to S&P Global Commodity Insights base standard specifications, subject to prevailing market differentials. Lithium spodumene is assessed every month on the final business day.