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LME moves closer to lithium contract launch with request for pricing providers

Financial Times | July 17, 2018 | 4:30 am Battery Metals Lithium Rare Earth 

The London Metal Exchange has moved a step closer to launching the world’s first lithium futures contract, issuing a request for pricing providers, according to a document seen by the Financial Times.

The LME is set to launch a cash-settled lithium contract in the second half of 2019, which would allow traders to speculate on prices for the electric car battery ingredient.

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