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25 Jan
14:57

MinRes says lithium operations remain profitable

Mining billionaire Chris Ellison’s Mineral Resources (MinRes) said Thursday its three lithium operations in Western Australia remained “profitable at current prices.” The Australian company’s lithium operations – Wodgina, Mt Marion and Bald Hill – were all profitable, MinRes said in its December quarterly report seen by Kallanish. Production at Mt Marion, owned in partnership with China’s Ganfeng Lithium, increased 30% qu…
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