No 1 source of global mining news and opinion
a growing list of producers reviewing lithium operations in Australia amid a rout in prices for the battery raw material that is expected to result in more production cuts.
That comes a week after top lithium producer Albemarle announced job cuts at its lithium hydroxide plant in the state, where it paused an expansion as part of a “comprehensive review” of its global cost and operating structure. That leaves Australia where mines are not fully integrated, which means their owners are more exposed to a downturn in prices, said analyst Glyn Lawcock of investment bank Barrenjoey.
That would apply to Australia’s Liontown Resources which has just started production at its 500,000 tons per year Kathleen Valley project while Pilbara Minerals has also just completed an expansion.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dancing Girl: A pint-size statue from the Indus Valley Civilization with a larger-than-life presenceJennifer Nalewicki is a Salt Lake City-based journalist whose work has been featured in The New York Times, Smithsonian Magazine, Scientific American, Popular Mechanics and more. She covers several science topics from planet Earth to paleontology and archaeology to health and culture. Prior to freelancing, Jennifer held an Editor role at Time Inc.
Read more »
Yinam Cohen: Chicago’s Jewish community is bearing the brunt of religious intoleranceA new report shows that antisemitic incidents are one of the most prevalent among documented hate crimes in Chicago.
Read more »
Macquarie names 10 'highest conviction' Asia stocks that have 'borne the brunt' of recent sell-offAustralian investment bank says investors should focus on companies that still have their strong fundamental growth drivers intact.
Read more »
The end of Chevron deference is a ‘power shift’ for investorsThe Supreme Court recently overturned the Chevron deference legal doctrine, potentially upending many financial regulations. Here’s what experts say it could mean for investors and the crypto indus…
Read more »
"Ben Took The Brunt Of Michael's Unhappiness": Pearl Harbor Star Reflects On Working With Director Michael BayMichael Bay has a bad reputation.
Read more »
Flight delays, other disruptions reported at JAX following faulty software update that caused havoc worldwideTravel took the brunt of the issues caused by a Microsoft operating system failure Friday morning as airlines in the United States, Europe, Australia and India reported problems, with some flights grounded.
Read more »