MinRes to put lithium mine on ice, to cut 300 jobs
The company will put its Bald Hill lithium mine in Western Australia under care and maintenance starting this week.
Lithium One Inc. (CVE:LI) is a mineral exploration and development company positioned to be a near-term producer of low-cost lithium and potash. Its flagship property is the Sal de Vida brine project in Argentina which hosts one of the largest and highest-grade brine deposits in the world. A preliminary economic assessment of the property is due to be completed in Q3 2011.