Another Worrisome Inflation Indicator: Surging Mining Costs
ADELAIDE, Australia—Two years ago,Liontown Resources LTR -1.34%decrease; red down pointing triangle talked up its plan for a $300 million lithium mine to help power the world’s energy transition.
Today the cost of the Kathleen Valley project in the red dirt of the Australian Outback is estimated at more than $600 million.
Liontown, which is a takeover target of Charlotte, N.C.-based chemical company
