Full steam ahead for JV with Pilbara. This from their announcement re expansion just now...
Product from P1000 – Offtake and Downstream Partnering InitiativesPilbara Minerals has commenced exploring strategic options to maximise value from the additional product to be produced as a result of the P1000 expansion. The Company has received significant unsolicited inbound interest from existing and potential new customers in relation to both spodumene offtake and downstream partnerships including joint ventures. Accordingly, following FID for the P1000 expansion, the Company intends to pursue additional offtake and partnering opportunities in respect of unallocated product and will actively engage with selected participants across the battery materials supply chain. This initiative aligns with Pilbara Minerals’ long-term strategy to grow and diversify its business to become a fully integrated participant in the lithium raw materials and chemicals supply chain. Outcomes from this initiative are expected by the end of CY2023 and are not anticipated to have any impact on Pilbara Minerals’ existing offtake obligations to customers, including the Calix JV or the POSCO Downstream JV.
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