Afr reports as below. Another reduction in supply is good for prices as the lion starts production
“Albemarle, the world’s largest lithium producer, will shut half of its giant West Australian lithium processing facility, and stop construction to expand it, due to a sustained slump in the price of the key battery metal.
The New York-listed lithium giant will slash 300 jobs as part of its aggressive move to immediately stop constructing the third production unit at the Kemerton facility, south of Perth “
Lithium Related Media Articles, page-23638
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