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BASF cancels plans for lithium mining assets in Chile - Bloomberg

BASF cancels plans for lithium mining in Chile due to global slowdown in electric vehicle adoption, following withdrawal from Indonesia refinery project.

By: Seeking Alpha

Jul 05 2024
33
2973 Views

BASF cancels plans for lithium mining assets in Chile - Bloomberg — BASF cancels plans for lithium

BASF (OTCQX:BASFY) has abandoned plans to invest in lithium mining assets in Chile, as a slowdown in electric vehicle adoption worldwide drags down battery metal prices, Bloomberg reported Tuesday. BASF (OTCQX:BASFY) pulled out of initial talks with ... [456 chars]

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