By Oliver Gray Investing.com - The S&P/ASX 200 added 90.40 points or 1.41% to 6,523.80 during Tuesday’s deals, lifting from 16-month lows and snapping seven sessions of losses, as...
After spending years in a slump, commodity prices have been on a steady uptrend for more than a year now. However, the war in Ukraine has made the situation even more dramatic, as...
Pilbara Minerals Limited is an Australia-based pure-play 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 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 a spodumene concentrate. Its 70% owned Mt Francisco project is located approximately 50 kilometers south-west of the Pilgangoora Project and hosts the outcropping pegmatites located in close proximity 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.