Hyperdrive
Lithium Miners Shake Up Trading to Tackle Wild Price Swings
- Albemarle Corp. shakes market with auctions of raw material
- Push for ‘transparency’ echoes shifts in other commodities
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The world’s lithium miners — facing an unprecedented demand surge and wild price swings — are shaking up the way the commodity is bought and sold.
As lithium emerges as a linchpin of the global energy transition, the industry is in the grip of a slow-motion revolution that earlier upended commodities like iron ore: a push for more transparent and industry-wide pricing.