PLS 5.69% $3.16 pilbara minerals limited

Ann: Strategy & Outlook Forum, page-94

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    Is this the reason the market is smiling on PLS today?

    “According to industry sources on the 9th, POSCO will establish POSCO Lithium Solutions, a JV, under the condition that Pilbara Minerals, an Australian mining company, invests 100 million dollars (approximately 110 billion won). Currently, it is said that it is certain to set up a JV at the stage of last-minute coordination with detailed contract terms. The two companies' JV establishment, which has been around for two years, has finally come to fruition.”
 
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