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Pilbara's lithium auction pulls in the punters

Winning bid was almost double the spodumene contract price

Kristie Batten
Pilbara Minerals managing director Ken Brinsden at Pilgangoora

Pilbara Minerals managing director Ken Brinsden at Pilgangoora

Yesterday afternoon's three-hour auction had 17 participating bidders, which placed 62 online bids ranging from US$700 per dry metric tonne free-on-board to $1250/t for a 10,000t cargo of 5.5% spodumene....

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