Salt Lake City, Utah-based US Magnesium, a producer of magnesium, lithium, and other chemicals from Great Salt Lake, has announced it is idling its lithium production operations.
The work stoppage will impact 186 employees at its Salt Lake City facility.
A company statement noted US Magnesium decided to idle plant operations due to “deteriorating market conditions for lithium carbonate.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?