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14 Jul
12:06

Pilbara Minerals confirms last spot sale equivalent to $6,841/t SC6.0

Pilbara Minerals confirmed on 14 July it intends to accept the highest bid of $6,188/dry metric tonne in its latest BMX spot auction, as long as the bidder enters a sales contract within 48 hours. The Australian spodumene concentrate producer also requires a 10% deposit to be paid and a letter of credit from a recognised bank to be presented in late July 2022, Kallanish notes. The cargo of 5,000 dmt at a target grade of around 5.5% lithia (SC5.5) is to be delive…
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