In a new Wall Street Journal report, Anthony Milewski, founder of The Oregon Group warns mining projects are being delayed after a plunge in electric battery metal prices.
“The situation is a bit dangerous because the mines aren’t going to get built. We should be building those mines and we’re not”— Anthony Milewski, The Oregon Group founder
A surprising crash in prices for lithium, cobalt and other metals used in EV batteries is hitting mining companies, which are suspending or delaying projects and expansions. But as Anthony Milewski highlights: “Low prices are a cure for low prices.”
Read the full report: