Mineral Resources and Ganfeng Advance $351 Million Mount Marion Expansion

Mineral Resources and Chinese partner Ganfeng push ahead with $351m plan

Mineral Resources is moving ahead with an expansion of its Mount Marion lithium mine in Western Australia.  © Mineral Resources

CANBERRA – Australian lithium producer Mineral Resources and Chinese specialist Ganfeng are proceeding with a AUD 490 million (USD 351 million) expansion of their shared Mount Marion lithium operation in Western Australia. The decision follows a revival in commodity prices that has refreshed investor sentiment after a prolonged downturn in the sector.

Source link