Simbol Materials cuts jobs and halts activity at demo lithium plant
Published: Thursday, 05 February 2015
Simbol says that it is now seeking investors to help it commercialise its lithium production. However, EnergySource, the provider of its brines, says that it will take a different management team to realise the potential of Simbol’s lithium extraction process.
US-based Simbol Materials
LLC has ceased activity at its Hudson Ranch
geothermal lithium carbonate plant in Calipatria, California,
US, and made 40 of its workers redundant.
Simbol said that operations have been
inactive since December 2014.
"We completed the engineering studies and we are now in the
mode of collecting...