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Lithium export plans slashed again

Peter Ker
Peter KerResources reporter

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Australian lithium export plans have been slashed again, with one of the nation's bigger producers set to temporarily idle its mine, defer sales and delay expansion plans.

The raft of changes announced by Pilbara Minerals on Tuesday comes amid slumping demand and prices for lithium, and as the company abandoned plans to sell a 50 per cent stake in its Pilgangoora mine in Western Australia.

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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    Original URL: https://www.afr.com/companies/energy/lithium-export-plans-slashed-again-20190827-p52l97