Final decision on open consultation on methodology of IOSCO-audited lithium, spodumene price assessments

Fastmarkets invited feedback from the industry on the methodology for its audited lithium and spodumene price assessments, via an open consultation process between April 18 and May 17, 2024. This consultation was done as part of our published annual methodology review process.

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This consultation sought to ensure that our methodology continues to reflect the physical market for lithium and spodumene, in compliance with the International Organisation of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

Full details of the prices covered by this consultation can be found here.

No feedback was received during the consultation period and therefore no changes will be made to the methodology at this stage.

Fastmarkets’ lithium and spodumene methodology can be found here.

To provide comment or feedback on the content of the IOSCO-audited lithium methodology, or if you would like to provide price information by becoming a data submitter to these prices, please email pricing@fastmarkets.com. Please add the subject heading “FAO: Callum Perry, re: audited lithium IOSCO methodologies.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

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