The Lithium Surge Gives Australian Mining Companies a Break - Last Cable
Summary by Ultimo Cable - Noticias Del Mundo
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1 Articles
CANBERRA.— A recent upturn in lithium prices could ease the pressure on some hit Australian producers, who have tried to reduce their exposure to this key battery material, leading even to abandoning project sales plans, according to sources and analysts. Lithium mining stocks in Australia have risen to as much as a third this month and expanded profits this week, after supply cuts in China raised hopes for a change of cycle.
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