The Future of Lithium Prices

There was a fair amount of transactions at the spot price. There's more material than there was in the last two years now Moving at somewhere closer to spot prices given the prevalence of indexation Well, it seemed to me when I looked at the January Japanese imports from China and they were still above 80 that somebody was smart enough to say hey If we can't get rid of it Locally we can we can still upload some to other markets in high prices. So you'll get a little bit of a lagging mechanism but overall the The absence of a lot of those old legacy mechanisms now in contracts will mean as you said the average price levels this year Will most likely be a fair bit higher