Australian lithium miners break out of doldrums as EV demand booms
Mining News Pro - Beleaguered Australian lithium miners showed the first signs of optimism in nearly three years this week, boosted by a recovery in electric vehicle (EV) demand led by China`s coronavirus response, company quarterly updates showed.
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COVID-19 expected to hurt Australian lithium miners
Mining News Pro - THE lithium slump was already in full swing last year, with mines closed, corporate collapses, production cuts and growth projects idled, but the spread of the deadly COVID-19 virus around the globe could wipe out a further US$1 billion of supply in 2020 – and most of that could come from Australia’s hard rock mines.
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Australian lithium miners submerged by low prices
Mining News Pro - Having raced to ramp up lithium production over the past five years to exploit surging prices, Australian producers are now scrambling to cut supplies as prices plummet on falling demand in the world’s top electric vehicle market.
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