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Arcadium puts Galaxy on ice, reconsiders Sal de Vida

Miner sacrifices development spending for savings as lithium glut continues

Haydn Black
Galaxy at James Bay is no longer set to be Canada's next lithium mine. Credit: Arcadium

Galaxy at James Bay is no longer set to be Canada's next lithium mine. Credit: Arcadium

Arcadium Lithium has responded to the ongoing rout in prices for its products by planning to trim its spending by a further US$500 million over the next two years, with the Galaxy and Sal de Vida assets...

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