PLS 2.81% $3.11 pilbara minerals limited

Ann: Downstream Partnering Outcome - Study commences with Ganfeng, page-74

  1. 443 Posts.
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    Can someone say whether the downstream process is labour intensive or very automated?

    I know Australian labour costs are very high and noncompetitive with international rates but our mining does not seem to be undermined by labour costs.

    Altogether, I think there are too many options to be guessed at. SE Asia is a huge market and the JV could be located anywhere in that area, but the fact that they mention IRA funds, you could expect they might want to be located closer to the US for convenience and transport costs. The only thing for sure is that it won't be in China because Ganfeng wants to diversify too.

    ALSO, is anyone surprised by the comment that a decision on further mine expansion will be made by the end of June this year?
 
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