IGO News: Australian lithium output cuts seen on price slump - 23rd Jan 2024, 4:31pm

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Lithium downturn seen shorter term than structural nickel glut

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Miners have cash cushion due to 2022 price surge

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Customer pushback might cause production curtailments

By Melanie Burton

MELBOURNE, Jan 23 (Reuters) - Australian lithium producers may be set to track the nickel industry in project curtailments and delays this reporting season, analysts say, given slower than expected electric vehicle (EV) sales, but the jolt is expected to be less severe.

Both sectors are contending wit...

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