PLS 1.51% $2.94 pilbara minerals limited

Its contract prices with major offtake customers are lifting to...

  1. ITS
    2,350 Posts.
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    Its contract prices with major offtake customers are lifting to US$6300/t on a 6% Li2O basis, following upward moves in spot prices in part powered by its own BMX lithium auctions, where cargos of spodumene have gone for upwards of US$8000/t on a 6% benchmark.In the September quarter,

    when PLS made a mind-blowing $8.5m a day, it achieved an average realised sale price of US$4266/dmt on a 5.3% basis or US$4813/dmt on a 6% basis, up from US$4267/dmt (6%) in the June term.

    That means the new offtake price is almost 31% higher than the realised price in September.
 
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