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MinRes mothballs Bald Hill mine as lithium collapse takes toll

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Mineral Resources has become the latest lithium producer to fall victim to the collapse in prices after the beleaguered miner mothballed its Bald Hill operations.

The West Australian miner said it would cease operations at Bald Hill immediately – a decision that will result in 300 staff either being axed or redeployed to other MinRes plants.

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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
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/mining/minres-mothballs-bald-hill-mine-as-lithium-collapse-takes-toll-20241113-p5kq71