PLS 0.69% $2.90 pilbara minerals limited

Ann: Production, Sales and Corporate Update, page-10

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    HIGHLIGHTS
    • Shipped tonnes for June 2019 Quarter of 43,214 dmt; at the higher end of recently stated guidance.
    • Pilbara Minerals expects its production and sales to return to full capacity for the December 2019 Quarter, based on the latest discussions with customers.
    • New offtake agreement signed with China’s Great Wall Motor Company, with first shipment expected in August 2019.
    • Strong progress on proposed POSCO JV for the downstream chemical conversion facility in South Korea.
    ‐ In-principle agreement reached on final joint venture terms; and
    ‐ Respective Board authorisations expected during the Sept Qtr.
 
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