WA unveils $150m lithium rescue package

The Western Australian government will offer struggling lithium miners tens of millions of dollars in interest-free loans as part of a new rescue package to keep the industry afloat amid a global downturn in prices.

Premier Roger Cook on Wednesday unveiled the $150 million package, which will be available to all lithium miners across the state, in a bid to save thousands of jobs and preserve an industry key to WA’s economic diversification plans.