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…
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