Pilbara Minerals Limited (Pilbara Minerals), is an Australian lithium-tantalum producer and a top-300 company on the Australian Securities Exchange (ASX: PLS).
Through the development of its 100% owned, Pilgangoora Lithium-Tantalum Project (Pilgangoora Project), Pilbara Minerals is pursuing a pathway to become a major player in the world’s rapidly growing lithium supply chain, underpinned by the electric vehicle and energy storage markets.
The Pilgangoora Project is located in Western Australia’s Pilbara region and is considered one of the largest hard-rock lithium-tantalum deposits globally. The significant scale and outstanding quality of the Pilgangoora Project has seen Pilbara Minerals progress it from first drill hole to production in under four years.
Now in production, Pilbara Minerals is pursuing a growth and diversification pathway to prepare for the future. This involves increasing production, extending mine life and securing a position in the downstream lithium chemical conversion supply chain.
An expansion pathway has been mapped out, which would see an incremental expansion of the Pilgangoora Project from 2Mtpa to 5Mtpa. This will increase production from 330,000tpa to 800-850,000tpa ~6% spodumene concentrate, and 321,000lbspa to 800,000lbspa of tantalite concentrate.
Recognised as one of the most important new sources of lithium raw materials globally, the Pilgangoora Project has attracted a consortium of high quality global offtake partners including Ganfeng Lithium, General Lithium, Great Wall Motor Company, POSCO and Yibin Tianyi. In addition, Contemporary Amperex Technology (Hong Kong) Limited (CATL) China’s largest battery manufacturer for electric vehicles is one of Pilbara Minerals’ largest shareholders.
Pilbara Minerals is also pursuing a position in the downstream 'value-added' lithium market through the development of chemical conversion plants in South Korea with POSCO.
Making the world a better place by enabling the global energy transformation
Through conversations with its people, the Pilbara Purpose was born. It is the reason Pilbara Minerals does what it does. It is the Company's foundation and what drives and inspires the team in its work every day.
This purpose is underpinned by ‘what we stand for’, six commitments that are the heart of the Company's culture and how the team works together to achieve this purpose.
HQ: Level 2, 88 Colin Street, West Perth WA 6005
Postal Address: P.O. Box 884, West Perth WA 6872
Phone: +61 8 6266 6266 | Fax: +61 8 6266 6288