Pilbara Minerals signs additional spodumene offtake with China’s Yibin Tianyi

By Carrie Shi
Published: Monday, 15 March 2021

Australian lithium spodumene concentrate producer Pilbara Minerals has agreed to an additional offtake agreement with Chinese lithium producer Yibin Tianyi, it said on Monday March 15.

Yibin Tianyi will purchase spodumene concentrate from Pilbara Minerals' Pilgangoora lithium-tantalum project in Western Australia in an offtake agreement that includes a $15 million prepayment. 

Yibin Tianyi will provide a $15 million unsecured prepayment to fund the stage 1 improvement works on Pilbara’s existing Pilgangoora Project processing plant, which...

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