Benchmark Mineral Intelligence, a UK-based research firm, has cut around 40 jobs, or 20% of its workforce, due to weak mineral pricing. CEO Andrew Miller cited a recent restructuring to strengthen the company’s offerings and focus on technology and AI capabilities. Lithium prices have plummeted, affecting EV sales in the U.S. and prompting some carmakers to scale back production plans. Benchmark also tracks prices for copper, cobalt, and other minerals.
Read more at Yahoo Finance: EV supply chain data firm Benchmark Mineral trims workforce, sources say
