Pilbara Minerals (ASXLS) has sold an 8,000t SC5.5 spodumene cargo for an extraordinary $US2,240/t via its Battery Material Exchange (BMX) digital auction platform.
The ‘icing on the cake’ for PLS is that this product – 5.5% lithium – is the low grade stuff.
That’s at a grade of only 5%
(smiley face)
This is a good indicative pricing, being floor grade as I’d call it (5%).
We’ve got the top shelf sh*t.
To read the rest of the story guys just
google:
resources/pilbara-minerals-just-sold-its-lithium-at-auction-for-us2240-t-thats-a-550pc-yoy-increase/.
Who is our partner?, page-13
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