The Mineral Resources share price just slumped another 7%. Here’s why
Image source: Getty Images
The Mineral Resources Ltd (ASX: MIN) share price is taking a dive today.
Shares in the S&P/ASX 200 Index (ASX: XJO) lithium miner and diversified resources producer closed yesterday trading for $37.66. In morning trade on Tuesday, shares are changing hands for $35.01 apiece, down 7.0%.
For some context, the ASX 200 is down 1.1% at this same time.
This underperformance follows the release of an update on the operations at Mineral Resources’ Bald Hill lithium mine in Western Australia.
Here’s what’s happening.
Mineral Resources share price tanks on project suspension
The Mineral Resources share price is taking a tumble after the miner confirmed that Bald Hill will be…
