....news just getting worse for the lithium space.
....Arcadium obviously does not see a lithium price recovery to happen next year or anytime soon! Otherwise there would be no need to do C&M by mid 2025
....lithium hodlers want to stay positive believing that less supply would help lithium price to recover and head higher? See my previous post on this thread why that won't happen.
....do you seriously believe that Arcadium is doing this for the better good of the industry to shore up lithium price? Or is that a more serious and necessary move to preserve cash and ensure survival until the next cycle begins?
....now we would see where this takes LTR and PLS going forwards.
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Arcadium placing Mt Cattlin into C&M by mid 2025. News does not come as a surprise considering current lithium prices and Mt Cattlin´s cost of production. It is the first of probably some more shut down announcements
