Pilbara's first lithium auction a major success

PILBARA Minerals has had a successful first spodumene concentrate auction via its newly established Battery Material Exchange (BMX).

Pilbara's first lithium auction a major success Pilbara's first lithium auction a major success Pilbara's first lithium auction a major success Pilbara's first lithium auction a major success Pilbara's first lithium auction a major success

Pilbara Minerals managing director Ken Brinsden at Pilgangoora

Yesterday afternoon's three-hour auction had 17 participating bidders, which placed 62 online bids ranging from US$700 per dry metric tonne free-on-board to $1250/t for a 10,000t cargo of 5.