May 26, 2026 – 9.47amMineral Resources and its Chinese partner have placed a near-$500 million bet on lithium’s rebound, committing to develop underground mining at the Mt Marion mine in Western Australia and to construct a flotation plant.The underground mining expansion will open previously untapped deposits of the key battery metal, while the flotation plant will increase the amount of lithium recovered from its mining operations.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
MinRes bets $490m on lithium rebound with WA mine expansion
Chris Ellison’s miner and its Chinese joint-venture partner Ganfeng spent $300 million to prop up the mine last year when prices were low.
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