Australia's Atlantic Lithium has obtained approval from Ghana's parliament to develop the Ewoyaa project—the country's first lithium mine—and will be subject to revised royalty terms linked to market prices.

On the afternoon of March 19th, Albemarle's spodumene concentrate auction concluded. The auction lot was 14,520 tonnes of spodumene concentrate from Wodgina, with the transaction price at CIF SC6 USD 2,018 per tonne. It is expected to arrive in port in April, with self-pickup available from Zhenjiang Port.

March 17 – This afternoon, Albemarle's auction for spodumene concentrate concluded. The auction lot consisted of 7,634 dry metric tons (dmt) of 5.49% spodumene concentrate sourced from Wodgina. The final transaction price was RMB 15,617 per metric ton, on a ex-warehouse Zhenjiang Port basis.

According to data from the General Administration of Customs, China's spodumene imports in March 2025 totaled 534,500 mt, down 6% MoM, equivalent to 46,000 mt LCE.

China's spodumene imports in March totaled 534,500 mt, down 6% MoM from February. According to customs data, the total spodumene imports in March 2025 were approximately 534,500 mt, mostly from Australia, Zimbabwe, and Nigeria. Among them, imports from Australian lithium mines were 308,000 mt, up 33% MoM; imports from Zimbabwe were 58,000 mt, down 40% MoM; and imports from Nigeria were 85,000 mt, up 83% MoM. Additionally, imports from South Africa decreased by 65% MoM, showing a significant reduction.

, January-February China's spodumene ore imports totaled approximately 1.16 million mt, with lithium concentrates reaching 880,000 mt, accounting for nearly 76%. According to data from the General Administration of Customs, in January-February 2025, the total domestic spodumene imports were about 1.1573 million mt, including 877,500 mt of spodumene concentrates: approximately 573,500 mt of concentrates from Australia, representing 65%; and about 150,600 mt of lithium concentrates from Zimbabwe, making up 17%. Additionally, the total spodumene imports included around 250,400 mt of raw ore from South Africa, a significant amount, collectively meeting the domestic demand for raw materials.

[Albemarle's 16,000 mt Spodumene Concentrates Transaction Price at 6,701 yuan/mt] At 14:30 today, Albemarle's spodumene concentrates auction concluded. The auctioned item was approximately 16,000 mt of 5.61% spodumene concentrates, with a transaction price of 6,701 yuan/mt, self pick-up from Zhenjiang Port.

This week, spodumene prices showed a slight downward trend WoW, mainly influenced by the downward fluctuation of lithium carbonate prices and the pessimistic expectation of continued decline. Some buyers exhibited moderate purchase willingness for high-priced spodumene, forcing a slight decrease in overseas ore prices. Regarding lepidolite, this week, the auction transaction price of 2.5% grade by Yichun Mining Company was 2,260 yuan/mt, providing certain price guidance for small and medium-sized traders. Small and medium-sized suppliers faced a dilemma between cost pressure and market risks, with moderate sentiment for selling. Constrained by the current undersupply of lithium concentrates, the expected downward trend remains lagging behind lithium carbonate prices.

According to data from the General Administration of Customs, China's domestic spodumene imports totaled 623,000 mt in April, up 16.5% MoM, equivalent to 54,000 mt of lithium carbonate equivalent (LCE).

[China's spodumene imports reached 633,000 mt in April, up 16.5% MoM] According to customs data, China's total spodumene imports in April 2025 were approximately 633,000 mt, with spodumene ore from Australia, Zimbabwe, and Nigeria accounting for 79% of the total. Among them, lithium ore imports from Australia were 298,000 mt, down 3% MoM; lithium ore imports from Zimbabwe were 106,000 mt, up 82% MoM; and lithium ore imports from Nigeria were 89,000 mt, up 4% MoM. Additionally, lithium ore imports from South Africa decreased by 22% MoM, a relatively significant decline.