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Pilbara Minerals: Outstanding PFS Results 5Mtpa Expansion
Feb. 13, 2018 11:43AM PST
Battery Metals Investing
Australian lithium developer Pilbara Minerals Limited (ASX: PLS) (“Pilbara Minerals” or “the Company”) is pleased to advise that it has taken an important step towards its objective of unlocking further potential at its flagship 100%- owned Pilgangoora Lithium-Tantalum Project (“Pilgangoora Project” or “Project”) in WA with the delivery of a PFS which outlines a compelling …
Australian lithium developer Pilbara Minerals Limited (ASX: PLS) (“Pilbara Minerals” or “the Company”) is pleased to advise that it has taken an important step towards its objective of unlocking further potential at its flagship 100%- owned Pilgangoora Lithium-Tantalum Project (“Pilgangoora Project” or “Project”) in WA with the delivery of a PFS which outlines a compelling business case for commencing the expansion of the Project to 5Mtpa of production and processing capacity within months of starting production of spodumene concentrate from the Stage 1, 2Mtpa operation in mid-2018.
As quoted in the press release:
“The compelling results of the Stage 2 PFS provided a clear pathway to unlock further value in the outstanding Pilgangoora lithium-tantalum resource and, in the process, cement its position as a globally significant, lowcost supplier of lithium raw materials for decades to come,” Pilbara Minerals’ Managing Director and CEO, Ken Brinsden, said.
