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.
Miner KGHM will extend negotiations with a union at its Chilean copper mine Sierra Gorda, averting a strike, a union representative said on Tuesday.
The company had until the end of Tuesday to request government mediation to help reach a deal with the union of 520 workers.
(By Fabian Cambero and Cassandra Garrison; Editing by Sandra Maler)
