Pilbara Minerals look set to become the world’s first Lithium producer with a direct investment by a global carmaker under an innovative equity, offtake and debt financing deal with China's Great Wall Motors. The deal will help underpin the Stage 2 expansion to 5Mtpa and could be the first of similar deals by global carmakers to secure Lithium supply for their rapidly expanding electric vehicle divisions.
02/10/2017 - 08:15
Pilbara soars on off-take deal with Chinese car maker
By Matt Birney
02/10/2017 - 08:15
Related Data & Insights
-
Pilbara MineralsClosing price for the last 90 trading daysPowered by Morningstar ®
-
Rank Company Revenue th Pilbara Minerals $1,254.1m 599 listed resources wa companies ranked by revenue.
Powered by Morningstar ®
Data & Insights
Mentioned Organisations
Mentioned People
Related Articles
26 Sep 2024
Indigenous business grows to $2.3bn
26 Aug 2024
Lithium prices dent Pilbara profit
22 Aug 2024
Patriot unveils $1.4bn plan for lithium mine
15 Aug 2024
Pilbara Minerals to acquire Latin Resources
07 Aug 2024
Lithium royalty relief no silver bullet
Subscribe today for award-winning, unbiased and trusted journalism
Subscription OptionsX