ASX: PLS Pilbara Minerals mulls building lithium processing plant anywhere but China

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ASX: PLS Pilbara Minerals mulls building lithium processing plant anywhere but China
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The proposed joint facility with China’s Ganfeng, will be closely watched as one of the first big tests for Australian miners seeking US-allied government grants while in partnership with a Chinese company.

Already a subscriber?Pilbara Minerals boss Dale Henderson says the lithium miner is looking to build a battery-grade lithium processing plant with its long-standing customer, Chinese giant Ganfeng, in any country but China.

– will be closely watched as one of the first big tests for Australian miners seeking US-allied government grants while in partnership with a Chinese company. “But we will continue to closely look at which groups start to benefit from the IRA, and we have an agreement with Ganfeng such that we can augment the deal if it turns out to be an optimal outcome for the joint venture.”

“While China is expected to maintain a significant role within the lithium supply chain moving forward, it is expected that there will be growing geographical diversification with new hubs emerging in key strategic regions,” Pilbara told the market.

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