Earlier in March, it stated it might scale back international headcount by almost 50% throughout its non-core operational and administrative workforce.
The corporate additionally stated that it’s managing an ongoing course of for the potential sale of its non-core belongings and lithium tenements in Jujuy and Catamarca provinces in Argentina.
It added that the associated fee reductions are anticipated to cut back consumption by means of the second half of 2024.
(By Archishma Iyer; Modifying by Christian Schmollinger)