Pilbara Minerals could take control of Altura Mining’s assets by end-2020

By Dalila Ouerghi
Published: Wednesday, 11 November 2020

Spodumene producer Pilbara Minerals could execute a share sale agreement to acquire Altura Mining’s lithium project in Western Australia in early December, subject to completion of the receivership process, it said on Wednesday November 11.

"The placement and entitlement offer would be launched concurrently," the producer added.

A filing with the Australian Securities Exchange (ASX) on October 26 announced that spodumene producer Altura Mining had entered receivership, and that Richard Tucker and John Bumbak of advisory and investment firm KordaMentha had been appointed receiver and...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.