intain capital preservation practices, the Company has decided to suspend operations at the 2,000tpa facility and effect the necessary workforce restructuring to adjust to next phase Project requirements. The Company will maintain and preserve the 2,000tpa facility during this period. With current interest from third-party battery industry participant groups for future LCE product off-take, the Company will retain optionality to resume operations if a sustained increase in lithium prices and appropriate operational conditions – thus maintaining its strategic advantage of having a lithium operations facility. Strategic Partner Process With the onset of weakened lithium prices and current lithium marke
Necessary workforce restructuring, will probably mean less staff on the payroll ?
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