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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 (tpa) lithium carbonate equivalent (LCE) lithium chemical conversion facility in South Korea.


OTCPK:PILBF - Post by User

Post by aggmanon Mar 07, 2016 5:35pm
320 Views
Post# 24632023

Barons on Martin Marietta

Barons on Martin Marietta

Market Chatter: Martin Marietta Materials Jumps on Forecast of 35% Gain on Doubling of Earnings: Barron's

12:26 PM ET, 03/07/2016 - MT Newswires

12:26 PM EST, 03/07/2016 (MT Newswires) --

Martin Marietta Materials (MLM) "shares could gain 35%," according to Barron's, which suggested the producer of concrete and cement could double earnings in the coming years. Shares jumped almost 5%.

Earnings growth is expected as the government expands its budget for new roads and builders break ground on commercial and residential housing projects, according to Barron's.

The company's shares traded in the top half of their 52-week range of $108.31 - $178.67, with volume so far at less than half the daily average of 1 million share.

Price: 154.79, Change: +6.93, Percent Change: +4.69


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