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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

Post by FrozenInOntarioon Oct 26, 2015 8:57pm
60 Views
Post# 24229056

Cemex

CemexAgg, Care to comment on their results ? What I could read was price increases this year for October did not stick but they will have mid digits price increase in 2016. Note this comment on the California market price increase from the conference call : "In the case of California, which has been the -- its been our strongest growing market, frankly, there is also very -- I would say technically -- we believe technically-driven reason. And theres been some M&A activity. And in the interim process, it was difficult to affect the pricing increase there." The do mention that they expect their increase in 2016 to stick "So we do believe that -- and weve seen a -- others kind of makes similar announcements and that makes us feel comfortable about it." If Polaris could get mid-teens, that would be very very interesting. Regards
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