Original article by Stuart McKinnon
The West Australian – Page: Online : 26-May-22

Pilbara Minerals has advised that a 5,000-tonne cargo of its lithium concentrate has fetched $US5,955 per tonne in auction. The company says this equates to $US6,586 on a cost, insurance, freight price basis. Kaan Peker of RBC Capital Markets says the sale price is 35 per cent above the current spot price in China, and six per cent above the reported weekly Platts index price. The price of lithium has almost doubled since the start of 2022, and Pilbara Minerals MD Ken Brinsden recently forecast that the price will continue to rise.

CORPORATES
PILBARA MINERALS LIMITED – ASX PLS, RBC CAPITAL MARKETS, PLATTS