Abaxx to Launch Lithium Futures Backed by Albemarle in 2025

Abaxx

Physically Deliverable Lithium Carbonate Contracts to Trade in Singapore, Rotterdam, and Baltimore

Albemarle Named Sole Approved Brand and Producer

Abaxx Technology, a Singapore-based financial software and market infrastructure company, will launch three regional physically deliverable lithium carbonate futures contracts in March 2025. Albemarle, a global leader in lithium production, will serve as the only approved brand and producer for these contracts.

Global Lithium Futures to Enhance Price Discovery and Transparency

Each contract is USD-denominated and operates on a Delivered at Place (DAP) basis. The contracts represent one metric tonne of lithium carbonate and allow for physical delivery at major international ports: Singapore, Rotterdam, and Baltimore. This setup will improve price transparency and facilitate efficient global lithium trade, especially as demand for battery metals continues to surge.

Albemarle US is listed as the approved producer, and Albemarle La Negra as the approved brand across all contracts. Trading will commence on March 7, 2025, giving market participants a new tool to manage lithium price risk amid fast-changing supply and demand dynamics.

Abaxx Expands Battery Metals Offering on Its Commodity Exchange

Abaxx Technology operates the Abaxx Commodity Exchange and Clearinghouse, which already offers a range of contracts in energy, environmental, and battery metals markets. With the addition of physically deliverable lithium futures, Abaxx is positioned to become a key platform for battery supply chain participants seeking robust hedging solutions.