PLS 5.83% $3.07 pilbara minerals limited

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    Neometals agrees the sale of Mt Marion equity for$A104 million and retains offtake rightsHighlights• Neometals to sell its Mt Marion project equity to Ganfeng and Mineral Resources for ~A$104 million• ‘Life of Mine’ offtake option rights for 57,000 tpa of spodumene concentrate• Strategy to produce higher value lithium chemicals underpinned by certainty from proven feed supply• Balance sheetstrengthened to support project development financing and offtake processes
 
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