06
Feb
19:35
Piedmont Lithium completes job cuts, expects cyclical lithium rebound
Piedmont Lithium said Tuesday it has completed a 27% force reduction as a measure to curb expenditure amid challenging conditions in the lithium market, Kallanish reports.
Without providing lay-off figures, company’s chief executive officer Keith Phillips describes the cost reduction action “difficult” but “necessary to position the company for the long-term.”
“Lithium prices have fallen sharpy, and the market consensus is curr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous