RSS SubscribeWestern miners push for higher metals prices to ward off Chinese rivals
By Ernest Scheyder and Pratima Desai – Reuters
Western miners say their competitors have inherent cost advantages that enable rapid production expansions even as prices for cobalt, lithium and nickel have plunged more than a third in the past 18 months. Operational costs for many of these Western companies have, as a result, been exceeding what market prices will cover.
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