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MINER'S RIGHT
Another day another Australian mining cost blowout
Another day, another cost blowout in Australia’s hothouse mining sector, which is starting to be squeezed by sliding commodity prices and rising costs for everything from skilled labour and capital equipment to diesel fuel, an essential input for fleets of mobile heavy equipment.
Liontown, the lithium takeover target of U.S.-based Albemarle, revealed earlier today (Friday) an updated cost of A$951 million (US$600 million) to build its Kathleen Valley project in central Western...
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