Desert Lion stalls Namibian activity as lithium prices slump

Published: Monday, 03 September 2018

Mining junior Desert Lion cites falling lithium carbonate prices, as it enters negotiations with its offtake partner.

Lithium concentrate producer and mining junior Desert Lion has stalled operations in Namibia, south-west Africa, as it reconsiders development plans in light of falling lithium carbonate prices.

On Friday August 31, Desert Lion announced that it had "ceased all operations in Namibia in light of the continued decline in lithium carbonate pricing"....

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