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