RE: Spod price7 Nov 2025 08:49
My God, he's not still trying to suggest we're using the African prices again?! Im sure spreading false information is illegal. For anyone new to this board, and I hate that we need to keep the true facts out there, this is from the official offtake agreement rns. It is black and white, no need for interpretation:
'Spodumene concentrate price to be referenced to the Shanghai Metals Market ("SMM") published price for 6 per cent. spodumene concentrate, which is a cost, insurance and freight ("CIF")price for delivery in China.'
He'll probably say 'bUt ThE mInE iS iN aFrIcA!' Doesn't matter. The rns says SMM, not African. SMM, not Zimbabwe. So, so simple to get your head around.