Only a fearless investor has gone anywhere near the lithium industry this year, but the latest round of mine closures could be a sign that the bottom is close with a bounce to come in the new year.
“The high royalty has a huge impact on their top line, thereby compromising on the viability of lithium projects.” Zimbabwe’s mining sector has lost $500 million of potential revenue due to ...
The decision is the latest in a string of mine closures across Australia after a slump in the lithium price made most production unviable. Lithium-rich spodumene concentrate has fallen from more ...
has cut more jobs amid a prolonged slump in lithium pricing. A development timeline for the Belmont-based company's massive Gaston County mining project is also unclear as cost cuts are implemented.
Australian miner Mineral Resources (MinRes) has announced the temporary closure of its Bald Hill lithium mine near Kambalda, Western Australia, as the global lithium market continues to face a ...