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 > Polaris needs Cemex but can't make any money from them

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Comment by venturecap1on Mar 25, 2017 10:51am

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RE:RE:Polaris needs Cemex but can't make any money from them

One of the bidders you mentioned might also have a strong interest is Hanson(Lehigh). Lehigh currently owns and operates Sechelt producing 6 million tons a year. There have been petitions circulating recently to limit the operation hours of this mine due to noise pollution and air pollution. This might have been a reason why Hanson(Lehigh) terminated their contract with Polaris.It would be a good fit with west coast shipping infrastructure already in place. Just a theory!

https://concernedcitizensofsechelt.ca/

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