Column: Electric dreams turn into a nightmare for battery metals
A sector that was once racing to build new supply has been closing mines and deferring projects as low prices bite into the cost curve.
Australian lithium producer Pilbara Minerals (ASX: PLS) has amended a spodumene-concentrate supply deal with lithium chemicals producer Chengxin Lithium Group, raising agreed sales volumes and extending the contract duration. Under the existing short-term agreement, signed in 2023, Pilbara Minerals committed to...
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