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.
Talison Lithium Limited (“Talison”) (TSX:TLH) announces its preliminary production and sales results for the three and nine months ended March 31, 2011 from its Greenbushes lithium operations in Western Australia (the “Greenbushes Lithium Operations”).For the three months ended March 31, 2011, production increased 33%, and sales increased 74% over the three months ended March 31, 2010.
Record production was achieved from the Greenbushes Lithium Operations during the three months ended March 31, 2011 (the “Third Quarter”)as a result of the completion of the Stage 1 expansion of the Greenbushes Lithium Operations in December 2010. Talison continues to produce at capacity and sell 100% of its production from the Greenbushes Lithium Operations.
You can read the full news release here. Image from Talison Lithium.
