French miner Eramet abandons Argentinian lithium project as coronavirus hits global economy

By Dalila Ouerghi
Published: Wednesday, 08 April 2020

French mining and metals group Eramet will put on hold the construction of its Argentinian lithium production plant for an indefinite period due to the economic uncertainty sparked by the Covid-19 pandemic.

The company said in a statement on Wednesday April 8 that its main focus is to preserve its cash position by reducing investments against the backdrop of uncertainty surrounding the global economy and raw material markets.

In February, the company already announced that its pilot lithium project in Argentina was...

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