Australia-listed lithium producers confident price rebound will follow supply cuts
February 29, 2024 Comments Off
Australia-listed lithium miners are confident they can weather the current weak prices by cutting spending and slowing the development of growth projects while waiting for supply curtailments to spur a rebound. Spodumene prices have flattened after a 15-month plunge, with lithium chemicals prices following a similar trajectory. Platts, part of S&P Global Commodity Insights, assessed the 6% spodumene FOB Australia…
Australia-listed lithium producers confident price rebound will follow supply cuts
Australia-listed lithium miners are confident they can weather the current weak prices by cutting spending and slowing the development of growth projects while waiting for supply curtailments to spur a rebound. Spodumene prices have flattened after a 15-month plunge, with lithium chemicals prices following a similar trajectory. Platts, part of S&P Global Commodity Insights, assessed the 6% spodumene FOB Australia…
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