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Pilbara Minerals Ord Shs T.PLS


Primary Symbol: PILBF

Pilbara Minerals Limited is an Australia-based lithium company. The Company is primarily engaged in the exploration, development, and mining of minerals in Australia. Its 100% owned Pilgangoora hard-rock lithium operation is located approximately 120 kilometers (kms) from Port Hedland in Western Australia’s resource-rich Pilbara region. The operation consists of two processing plants: the Pilgan Plant, located on the northern side of the Pilgangoora area and produces spodumene and tantalite concentrates, and the Ngungaju Plant is located to the south produces spodumene concentrate. It owns 70% of the Mt Francisco project, which is located 50 km south-west of the Pilgangoora Project and hosts the large occurrence of outcropping pegmatites located nearby to Port Hedland. It is also pursuing a proposed downstream joint venture (JV) for the development of an approximately 43,000 tons per annum lithium carbonate equivalent (LCE) lithium chemical conversion facility in South Korea.


OTCPK:PILBF - Post by User

Comment by venturecap1on Oct 05, 2014 9:48pm
129 Views
Post# 23000791

RE:Responses to the last 2 posts

RE:Responses to the last 2 postsPolaris is a fantastic longer term hold but investors will have to be patient. The US story is getting stronger and this will only help Polaris. Polaris should also benefit from the USD.
I spoke with Herb the CEO and he said volume will be around 1 million tons in the 3rd quarter. Not stellar but the best quarter will be the 4th quarter. LA  will be a 2015 story with focus on pricing and not volume there.. 
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