.PilbaraMinerals has formalised joint venture ambition with Calix over mid-stream lithium refining in the Pilbara mining processing investment resources criticalminerals batterymetals
PERTH – Lithium miner Pilbara Minerals and fellow listed Calix have executed a formal joint venture agreement for a decarbonised lithium refining project in the Pilbara.
Participating interests in the JV will be 55% Pilbara Minerals and 45% Calix, with each party funding their share of operating and capital costs and Calix licensing their patented technology and calcination knowhow into the JV. Pilbara Minerals will manage the demonstration plant at the Pilgangoora project, overseeing both the construction and operational phases.
“This is world-first Australian technology, being developed by two great Australian companies on Australian soil, with the support of the Australian government – this is an exceptional opportunity for all of us.
Pilbara Minerals on Monday said that to support a final investment decision in relation to the development of the demonstration plant, which is now targeted by the June quarter 2023, the parties have continued to progress engineering design work and feasibility studies for the demonstration plant and have commenced a market engagement programme following generation of market samples via a pilot test work programme completed in October.
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