Yesterday morning, Australian lithium producer Pilbara Minerals Limited’s (Pilbara Minerals) maiden shipment of spodumene concentrate from the Pilgangoora Lithium-Tantalum project in Western Australia was successfully loaded and departed from Port Hedland.
Pilbara Minerals’ charter vessel, the M.V. Pola Devora, left the port at 11:40hrs (AWST) with 8800 wmt (wet metric tonnes) of spodumene concentrate grading approximately 6.1% lithia and 1.2% Fe2O3 bound for the company’s offtake partners in north Asia. Pilbara Minerals’ Managing Director and CEO, Ken Brinsden, said the departure of the first ever concentrate shipment from Pilgangoora represented a huge moment in the company’s history.
“From our employees and contractors to our shareholders and partners, this is a milestone of which we can all be extremely proud,” he said.
“Delivering this project from first drill hole to first product on ship within four years is an outstanding result, which completes Pilbara Minerals’ elevation into the ranks of Australia’s mid-tier mining companies.”
“This marks the start of regular product shipments as we continue to ramp-up Stage 1 to nameplate capacity and work towards a final investment decision on the Stage 2, 5 million tpa expansion.”
“With strong support from our offtake partners and financiers, this expansion will position Pilbara Minerals to become one of the top three lithium raw materials producers in the world by 2020,” Brinsden said.
Read the article online at: https://www.globalminingreview.com/exploration-development/03102018/port-hedland-sends-off-first-shipment-of-pilgangoora-concentrate/
You might also like
Madison Metals Inc. has announced the exercise of all remaining warrants with an expiration of 26 January 2023, for a total exercise of over 3 million warrants.