06/21/2018 | 09:08am BST
Atlas Iron Limited (ASX: AGO) is pleased to advise that its first shipment of lithium direct shipping ore (DSO) set sail on Saturday 16 June 2018.
Atlas has signed an offtake agreement with Sinosteel Australia Pty Ltd for the export of the lithium DSO purchased from the Pilgangoora Lithium Project owned by Pilbara Minerals Limited (ASX: PLS).
Under the arrangement, Pilbara Minerals will mine the lithium DSO. Atlas will process and transport the ore using its Mt Dove crushing hub and Utah Point facilities.
Atlas will sell up to 1.5 million tonnes of lithium DSO to Sinosteel on a fixed-priced basis.
http://www.4-traders.com/ATLAS-IRON.../Atlas-Iron-ships-first-lithium-DSO-26801790/
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