Big government loan backs Pilbara expansion plans

IT may be printing money at its Pilgangoora operations in Western Australia’s Pilbara, now one of the world’s most strategic lithium resources, but the taxpayer is stepping in to help Pilbara Minerals’ expansion plans and boost Australia's battery minerals exports.

Big government loan backs Pilbara expansion plans Big government loan backs Pilbara expansion plans Big government loan backs Pilbara expansion plans Big government loan backs Pilbara expansion plans Big government loan backs Pilbara expansion plans

Producing lithium is a licence to print money

The Australian government has offered a A$250 million long-term debt facility, split evenly between Export Finance Australia and the Northern Australia Infrastructure Facility.