RECORD DECEMBER QUARTER SHIPMENTSIMPROVED SPODUMENE DEMAND CONDITIONS AND AN UPWARD TREND IN LITHIUM CHEMICALS PRICING IN CHINA SIGNALS RECOVERY IN LITHIUM RAW MATERIAL MARKETHIGHLIGHTS• Record total of 70,609 dry metric tonnes (dmt) of spodumene concentrate shipped during December Quarter 2020, exceeding sales guidance (previous record: 46,700 dmt in December Quarter 2018).• Improving spodumene concentrate demand conditions are evident from both within Pilbara Minerals’ existing offtake customer group and other enquiries.• Material uplift in lithium chemicals pricing within China, with Platts Battery Grade lithium carbonate pricing up 35% to date from its lows in August 2020.
Ann: Record December Quarter Shipments, page-6
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