Core Lithium has announced temporarily suspending mining operations at its lithium mine is one of the options the company is considering after a massive drop in the price of spodumene concentrate, which is a high-purity lithium ore.
Chief executive officer Gareth Manderson made the announcement to the Australian Stock Exchange on Friday, saying the company had been undertaking a strategic review of operations to address the huge lithium price drop.
Lithium is common all over the world including in countries that don’t have the Greens and rent a crowds.