PROJECT FINANCE

Pilbara backed by Chinese battery maker

PILBARA Minerals is raising up to A$111.5 million in a multi-stage funding push that is backed by China’s largest battery maker, Contemporary Amperex Technology, which will emerge with a significant stake in the Western Australian lithium miner.

 Pilbara is keeping the faith with lithium.

Pilbara is keeping the faith with lithium.

CATL has agreed to pump in $55 million for an 8.5% stake in Pilbara, and will consider becoming a customer for spodumene concentrate from the Pilgangoora mine as product becomes available, joining Ganfeng...

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