Motley Fool Item (in part)
Adding insult to injury for Australia’s lithium miners, is news that the world’s second largest lithium producer has its eyes on growing its market share again. Over the last few years SQM’s share has dwindled from 27% to 17% according to the AFR.
But SQM intends to put a stop to that and advised that it wouldn’t let falling prices and profits prevent it from lifting its production materially over the next 18 months.
I suspect that this could put a lot of pressure on some of the smaller lithium miners such as Altura and Pilbara Minerals and may spark fears over the viability of their operations.
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Motley Fool Item (in part) Adding insult to injury for...
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