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Company News Summary

Pilbara Minerals Provides Project Update and Award of Power Contract

11 Sep 2017  |  12:56:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Project Update and Award of Power Contract

Pilbara Minerals announced the award of further key contracts, senior personnel appointments and other key developments at its flagship 100%-owned Pilgangoora Lithium-Tantalum Project in WA, where project construction activities are accelerating on several fronts. In line with its expedited construction schedule, The Company is targeting commencement of shipments of spodumene concentrate in the second quarter of 2018 as its Stage 1, 2Mtpa project advances rapidly towards first production. Initial work has also already commenced on the previously foreshadowed Stage 2 expansion to 5Mtpa, given the exceptionally robust outlook for the lithium market. A final contract award has been issued to Australian-owned Contract Power Group for the site power station construction and ongoing operations.

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