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The Lithium Surge Gives Australian Mining Companies a Break - Last Cable

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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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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Ultimo Cable - Noticias del Mundo broke the news in on Thursday, August 14, 2025.
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