MinRes insists its lithium mines are still profitable
Brad ThompsonReporter
Updated
Mineral Resources boss Chris Ellison expects lithium prices to keep falling into 2024, but is standing by his strategy to boost mine production and “land bank” exploration projects in Western Australia.
The mining billionaire said MinRes’ three lithium mines in WA remained profitable and cash flow positive despite the sharp fall in prices that has rocked the lithium sector.
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