Imerys SA

Imerys Puts UK Lithium Mining Project on Hold Due to Funding Woes

French metals and mining firm Imerys SA has mothballed a lithium project in southern England due to funding constraints and challenging market conditions for the key battery metal. The project's future is uncertain as the company struggles to secure necessary funding. This move may have significant implications for the UK's lithium supply and the country's ambitions to become a major player in the electric vehicle market.