Lithium price overshot: MinRes

MINERAL Resources boss Chris Ellison says while the lithium price has pulled back from “unsustainable” levels, it is still too hard to predict where it will land.

Lithium price overshot: MinRes Lithium price overshot: MinRes Lithium price overshot: MinRes Lithium price overshot: MinRes Lithium price overshot: MinRes

The Wodgina site from the sky. Courtesy Mineral Resources

MinRes had been receiving around US$1000 per tonne for 6% spodumene produced at the Mt Marion mine in the Goldfields, but recently revealed September quarter pricing would be $608.95/t.