$PILBF .51c Pilbara Minerals.. #EV #lithium suppli
Post# of 120722
Maybe on a pullback?
.Pilbara Minerals Ltd (ASX: PLS) has announced that it has struck a multi-million dollar deal with Chinese automaker Great Wall Motor Company.
Pilbara Minerals said it’s the first time an electric manufacturer has struck a direct investment deal with a lithium supplier.
Under the offtake agreement, Great Wall will provide Pilbara Minerals with $28 million in an upfront equity subscription for shares in the Australian miner and take up to 150,000 tonnes per year of spodumene concentrate, a source of lithium...
Read more
https://www.fool.com.au/2017/09/29/why-pilbar...ise-again/
http://www.engineeringnews.co.za/article/chin...2017-09-29
http://stockcharts.com/h-sc/ui?s=PILBF&p=...6382948031