The downturn in West Australian lithium and nickel has shuttered mines and slashed the market capitalisation of ASX-listed producers. But there has been an unexpected beneficiary: gold miners.
The availability of miners who had worked for critical minerals producers looking for work in a historically tight labour market has come at the same time as a surge in demand for the precious metal, making it easier for big gold developments to recruit staff and increase supply.
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Mark Wembridge covers resource companies for The Australian Financial Review, based in Perth. He formerly worked for the Financial Times in London and Hong Kong. Connect with Mark on Twitter. Email Mark at mark.wembridge@nine.com.au
