Pilbara pushes production back up
PERTH (miningweekly.com) – ASX-listed lithium miner Pilbara Minerals on Tuesday said that production and sales are expected to return to full capacity during the December quarter, based on the latest discussions with its customers.
Pilbara last month told shareholders that production from the Pilgangoora project, in Western Australia, would be cut back during June and July, on the back of constrained sales during the June quarter.
In the three months to June, the Pilgangoora project produced 62 334 t of spodumene concentrate, with Pilbara shipping 43 214 t.
Pilbara told shareholders that sales during the September quarter are expected to reach between 35 000 t and 48 000 t, with the demand to be met from a combination of existing concentrate stocks and future production.
Supported by agreed delivery schedules with key customers, sales are also expected to more closely align with full plant production from October 1, with Pilbara expecting sales for the December quarter to reach between 65 000 t and 80 000 t.
Furthermore, sales in the second half of the year will also be strengthened by additional offtake agreements that were recently signed with China’s Great Wall Motor Company, with deliveries under that contract set to start in August at a rate of 20 000 t/y, and continue for a period of six years.
Sales volumes to Great Wall are expected to range between 15 000 t to 20 000 t during the second half of the 2019 calendar year, Pilbara said.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation