Pilbara Minerals has reinforced analysts’ bullish lithium predictions after securing a record price for 5000 dry metric tonnes of the critical battery raw material sold on its unique digital auction platform.
As investors digested several upbeat brokers’ notes on lithium stocks, Pilbara on Tuesday night revealed that it had secured a price of $US5955 a dry metric tonne for a cargo of spodumene with 5.5 per cent lithia via its Battery Material Exchange platform.
Loading...
Michael Bennet is WA reporter for The Australian Financial Review based in Perth. He has worked as a journalist for more than a decade, including at The Australian where he was senior banking reporter and also covered economics, markets and deals. Connect with Michael on Twitter. Email Michael at michael.bennet@afr.com
