On 12 August 2024, a report on pricing of minerals was released by the OECD. The report (Determining the Price of Minerals) is specifically targeted the transfer pricing-framework for pricing of Lithium, but also contains arm’s length principles for pricing of commodities in general.  Abstract “In the mining sector, government revenue depends on mineral products being priced and measured accurately. This can be especially complex for semi-processed minerals such as lithium, which is primarily used for battery production. The schedule presented in this report applies the mineral pricing framework – as documented in the joint OECD/IGF work Determining the Price of Minerals: A Transfer Pricing Framework – to identify the primary economic factors that influence the price of lithium in applying the Comparable Uncontrolled Price method and ensure that developing countries are able to tax lithium exports appropriately.” ...