With no recovery in sight, lithium prices force miners to reevaluate output
The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022.
Chile’s Codelco, the world’s largest copper miner, saw output in September fall off by 16% year-on-year to 133,800 tonnes, Chilean state copper commission Cochilco said on Wednesday.
BHP’s Escondida, the world’s largest copper mine, saw production drop 12.2% year-on-year to 82,600 tonnes in the same month.
(By Fabian Cambero)
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