PLS 0.35% $2.85 pilbara minerals limited

latest lithium news, page-42

  1. 3,860 Posts.
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    I'm guessing market of Li players down today because of Roskill saying plenty of Li Carbonate around etc etc

    But it seems Toyota don't agree (had posted this on other forum):

    Lithium producer Orocobre will raise $361 million to more than double lithium production capacity at the Olaroz operation in Argentina and to cover the cost of constructing a beneficiation plant in Japan.
    Almost 79 per cent of those funds, or $282 million, will be contributed by a subsidiary of Japanese automobile giant Toyota, which will pay $7.50 for each of the 37.5 million shares it will receive under a placement.

    If approved, the placement will give Toyota 15 per cent of Orocobre.

    These guys were fuel cell crazy, they seemed to have changed suddenly.

    I would think this is pretty darn bullish IMO.
    Last edited by blueskymine01: 16/01/18
 
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