Tag: Metals

• Friday, October 12th 2018 - 09:05 UTC

  Chile wants lithium traded on the London Metals Exchange

  

  Chile has called for lithium to be traded on the London Metals Exchange to provide greater “clarity” about its value, mining minister Baldo Prokurica said. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. Critics say this lack of clarity has a chilling effect on potential new investment in the market since the metal’s value cannot be precisely measured.