Arcadium reviews Australian lithium operations due to low raw material prices
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Arcadium Lithium is reassessing its Mount Cattlin lithium operations in Western Australia due to falling prices of raw material spodumene. The company posted a 5% drop in quarterly profit, but cost cuts and favorable supply contract terms helped offset the decline. With spodumene prices at their lowest in almost three years, the company is reviewing its strategy for Mount Cattlin.
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