Despite the pullback in iron ore and copper prices, the MINING.COM TOP 50 ranking of the world’s most valuable miners made strong gains at the end of the year.
According to Fastmarkets, offers for lithium carbonate continue to rise in China, mainly due to the increased demand from the ramp-up of lithium-iron-phosphate battery production.
Utilities in the region are fully relying on long-term contract supplies from domestic mines, and do not need to purchase from the spot market at the moment, said a Chinese coal trader.