Pilbara Minerals to start commercial production at Pilgangoora

Company News

by Rachael Jones

Australian lithium and tantalum producer, Pilbara Minerals (ASX:PLS) says commercial production at the Pilgangoora Lithium-Tantalum Project will be effective from 1st April 2019.

This is following the sustained delivery of spodumene concentrate at Pilganoora over the December and March quarters of Financial Year 2019.

They have also commenced a partnering process to interconnect Stage 3 Pilgangoora offtake with future JV chemical conversion facilities.

At the same time, the Company is considering the sale of a minority interest of between 20 per cent to 49 per cent in the Pilgangoora Project.

Shares in Pilbara Minerals (ASX:PLS) are trading 2.86 per cent higher at 72 cents. 
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.