Australia’s IGO swings to a loss on lithium downturn
The bottom line was affected by a 45% drop in IGO's share of net profit from its 49% stake in Tianqi Lithium Energy Australia.
Chile’s state-run mining company Codelco said on Thursday that its search for a partner in its Maricunga lithium project should conclude by the end of this year with a final selection.
Codelco, the world’s largest copper miner, has been tasked with leading a government plan championed by President Gabriel Boric to boost state control over the production of lithium, the key rechargeable battery metal.
(By Fabian Andres Cambero; Editing by Brendan O’Boyle)
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