SUBSCRIBER NOTE: Platts to launch battery grade cobalt sulfate and lithium spodumene assessments

SUBSCRIBER NOTE: S&P Global Platts will launch Battery Grade Cobalt Sulfate CIF North Asia and Lithium Spodumene FOB Australia assessments from January 4, 2019.

Platts will launch its Battery Grade Cobalt Sulfate CIF North Asia assessment on a weekly basis, while assessing Lithium Spodumene FOB Australia on a monthly basis.

The launch of these assessments comes on the back of consistent and growing market demand for increased pricing information in the cobalt sulfate and lithium spodumene markets.

The assessments would reflect cobalt sulfate with a 20.5% cobalt content and lithium spodumene with a 6% lithium oxide content.

All origins of cobalt sulfate and lithium spodumene meeting these specifications will be taken into consideration, but may be normalized back to Platts base standards.

For the Cobalt Sulfate CIF North Asia assessment key importing ports in China, Japan and South Korea will be taken into consideration, while key exporting ports in Western Australia will be taken into consideration for the Lithium Spodumene assessment.

Unit & currency of measurement will be USD per metric ton.

Platts will launch these assessments on January 4, 2019.

These assessments will be published on Platts Metals Alert, page 8888 and in Metals Daily.

The weekly cobalt sulfate assessment will carry the code BATCO04, with BATCO03 for the monthly average and BATCO05 for the quarterly average.

The monthly lithium spodumene assessment will carry the code BATSP03.

Please submit any feedback, comments or questions about this decision to: battery_metals@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.