Commodities
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.
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