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15 Mar
17:51

LITHIUM: Pilbara secures $15m prepayment from Yibin Tianyi

Australian mining company Pilbara Minerals said Monday it will receive $15 million in prepayment from its spodumene concentrate offtaker Yibin Tianyi Lithium Industry. With the prepayment, the Chinese firm will enable the Stage 1 improvement works on the Pilgangoora project processing plant, and benefit from an additional 40,000 tonnes per year of spodumene concentrate. In total, Yibin Tianyi will take up to 115,000 t/y of Pilbara’s flagship production, Kall…
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