Presentation by Simon Moores and Andrew Miller of Benchmark Mineral Intelligence
As always, the LME is working closely with the industry to design effective products to best meet market requirements.
For our proposed lithium contract, we are keen to get your views on the three shortlisted Price Reporting Agencies (PRAs) who presented at our EV Metals Advisory Group meeting recently. The PRAs are Argus, Benchmark Minerals, and Fastmarkets.
You can watch each of the presentations and download the accompanying slides, and we welcome your comments. There are some broad areas for which we’re seeking feedback, as well as any additional detail you’d like to provide:
Are you already using index-linked pricing from any of the three PRAs?
After reading/watching the presentations, which PRA do you feel is best suited to provide benchmark pricing for future LME lithium contracts, and why?
Which types of lithium do you feel currently have the greatest need for a futures contract? For example, lithium carbonate, lithium hydroxide etc?
And which region do you feel is most relevant for the product type(s) you have identified above? For example, FOB China, CIF China, Ex works China etc?
Are there any other comments or detail you would like to provide relating to this selection process?