Pilbara Minerals Ord Shs T.PLS

Primary Symbol: PILBF

Metals & Mining Industrial Metals & Minerals

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.

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Pilbara Minerals Ord Shs > What to do

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Comment by miningfundion Aug 22, 2016 6:05pm

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Post# 25165588

RE:RE:What to do

Based on the recent poor aggregates volumes and, more importantly, the pitiful (if any!) price increases, Cemex is playing hardball with Polaris. Polaris must terminate the Cemex strategic alliance that expires in September 2017 and then partner with (or sell itself to) a major that has the muscle to play hardball with Cemex regarding the Orca marketing/sales contracts. Polaris is the dominant supplier into SF Bay, and will only get stronger - Cemex's Norcal operations depend on that supply.

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How one company is disrupting PoC testing