PLS 2.81% $3.11 pilbara minerals limited

Good News & Bad News, page-43687

  1. 202 Posts.
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    Hi moowee
    Suggest refer to company announcement, extract follows:
    12 March 2024
    PILBARA MINERALS SIGNS OFFTAKE
    AGREEMENT WITH YAHUA
    Australian lithium producer Pilbara Minerals Limited (ASX: PLS) (Pilbara Minerals or Company) is pleased to announce that it has executed a new offtake agreement with Sichuan Yahua Industrial Group Co. Ltd (Yahua) for the supply of spodumene concentrate from the Company’s 100% owned Pilgangoora Operation.
    Yahua is a leading lithium chemicals company and one of the largest lithium hydroxide producers globally.
    Yahua has strong connections across the lithium supply chain with key customers including Tesla, LG Energy Solutions, LG Chem, and Contemporary Amperex Technology Co., Limited (CATL).

    It is possible the spodumene is being sourced from us.
    Cantankerous James
 
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