Pilbara asx

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Bloomberg -- An Australian lithium miner has sold a cargo of the battery metal before a scheduled auction next week, just as market prices show signs of a rebound following a year-long rout. Australia's Pilbara Minerals said on Thursday it has accepted a pre-auction offer for a shipment of 5, dry metric tonnes dmt of lithium spodumene concentrate cargo from a group of registered auction participants. The shipment was made available for sale to a group of registered participants prior to the auction on Pilbara's Battery Metal Exchange BMX , which had been scheduled for March 18, it said in an exchange filing. Australia's biggest independent lithium miner has now allocated most of its supply for the year, it said, and future spot sales on the BMX exchange are unlikely. Lithium miner Pilbara Minerals said on Tuesday it has signed an agreement with Sichuan Yahua Industrial Group for the supply of spodumene concentrate from its Pilgangoora operation in Western Australia. Spodumene is a mineral with a high concentration of lithium, a key component in the production of batteries for electric vehicles. Pilbara has agreed to supply the mineral at market price in an agreement signed for three years, the company said.

Pilbara asx

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Pilbara asx

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