Business
Wesfarmers faces big lithium call after IGO’s $1.9b deal – The Australian Financial Review
Wesfarmers is in the process of making a final investment decision on building a plant in Kwinana that would process lithium from its Mount Holland project.
IGO managing director Peter Bradford said the company had been in the running for a slice of the Tianqi assets for months and had stuck to an offer price made at what he reckons is the bottom of the lithium market.
“We have transacted at what we believe is the bottom of the lithium price cycle,” says IGO managing director Peter Bradford. Bill Stokes/Diggers and Dealers
Mr Bradford said price tailwinds were emerging for both spodumene and lithium hydroxide.
We have transacted at what we believe is…
-
Noosa News22 hours agoKatter and pregnant wife crash-land plane in outback Qld
-
Noosa News22 hours agoFollowing Up Hottest 100 of Australian Songs Success with a Second Documentary About Your Life and Career: Jimmy Barnes Talks ‘Working Class Man’
-
Business11 hours agoWhy did this ASX 200 healthcare stock crash 14% yesterday?
-
General19 hours agoRussia launches hundreds of drones and missiles against Ukraine in fresh attack