For large fixed contracts, the annual average U.S. lithium carbonate price was $13,000 per metric ton in 2019, a 24% decrease from that of 2018.
Spot lithium hydroxide prices in China decreased from approximately $15,500 per ton at the beginning of the year to about $8,000 per ton in December.
https://pubs.usgs.gov › mcs20...PDF
Lithium Data Sheet - Mineral Commodity Summaries 2020
Thanks.
Why is the number of $1.5B for 11M tons of ore so different?