Lithium market could see modest recovery in 2025: Adams Intelligence
Firm expects global lithium demand to increase 26% to 1.46 million tonnes in 2025 on a lithium carbonate equivalent basis.
U.S.-listed Compass Minerals (NYSE:CMP) is working closely with Ontario Provincial Police and the province’s labour minister after a contract worker died in the company’s Goderich salt mine, located on North Harbour Road, some 1,800 feet under Lake Huron.
After reporting a health emergency on Saturday, the man was treated on site and later taken to the hospital but, according to The Canadian Press, he could not be revived. Although both Compass Minerals and the police department are giving few details about what happened, they informed that an autopsy will be performed on Monday.
In the meantime, the mine -which is described by the company as the world’s largest underground salt mine- was cleared of staff and the area has been secured by police.
According to Global News, this is not the first death that takes place at the Goderich facility. Back in 2011, 61-year-old Normand Laberge was killed when an F3-level tornado hit the area and knocked him over while working high up on the mine’s boom.
