01
Aug
12:28
Albemarle halts expansion at Australian plant amid weak lithium prices
US miner Albemarle Corporation is pausing some operations at the Kemerton lithium hydroxide conversion site in Australia as part of a “comprehensive review” to optimise costs.
The decision comes amid weakness in the lithium market, with the lithium hydroxide prices dropping by 80% in the past 12 months.
According to Albemarle, the current prices are “still well below incentive pricing required for Western greenfield lithium projects.”
Mad…
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Very good overview of the weekly steel market.
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