PLS 0.18% $2.86 pilbara minerals limited

High cost of extraction, page-2

  1. 95 Posts.
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    Generally speaking yes, brines are cheaper than hard rock but it's not exactly an apples for apples comparison as brines typically also require additional post-delivery processing to reach battery grade purity.

    Page 17 of the company's presentation summarises it nicely.
    https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01965552

    My view is there is plenty of space in the market for both brines and hard rock.
 
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