PLS 2.06% $3.80 pilbara minerals limited

NMT announced today a MOU with a large Indian power company for...

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    NMT announced today a MOU with a large Indian power company for a lithium refinery in India. From memory the announcement said it would be India's first refinery. The feedstock is to be 6% spodumene concentrate, and excess needed would be sourced from other miners. I thought this was a positive announcment for the unloved Aussie spod miners for 2 reasons. 1) potentially further diversification away from Chinese monopoly on conversion / price 2) Although miners share prices are falling perhaps the sky isn't!
 
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Last trade - 13.11pm 30/05/2024 (20 minute delay) ?
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