Stubbornly resilient lithium supply remains hurdle to recovery
Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.
More than $1 billion in both Aboriginal joint venture and direct business contracts for Rio Tinto’s Pilbara expansion projects have now been awarded over the last two years. The milestone was reached with the announcement of a $55 million earthworks…