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Pilbara Minerals: Confirms additional cargo sale

Pilbara Minerals Confirms additional cargo sale

  • Pilbara Minerals (PLS) shares are trading green after the company confirmed an additional cargo sale of 5000 dry metric tonnes (dmt) of spodumene concentrate
  • The company sold the cargo for US$8000 (A$12,571) per dmt, and the sale follows the completion of a BMX pre-auction sale process on October 18
  • Today’s sale price is an increase on last week’s sale, which came in at US$7830 per dmt
  • A five per cent deposit is required this week, with delivery expected from mid-November
  • PilbaraMinerals is up 6.51 per cent and trading at $5.40 at 1:38 pm AEDT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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