01
Jun
13:18
LITHIUM: Pilbara Minerals, Calix agree commercial terms of midstream JV
Pilbara Minerals said Wednesday it has signed binding commercial terms for its planned midstream joint venture with technology developer Calix at Pilgangoora, Kallanish reports.
The binding terms establish Pilbara will hold 55% of the JV and Calix 45%. Each party will fund their share of operating and capital costs, plus licensing their technologies into the JV. Calix will have a 10% in-kind contribution recognised on budgeted estimated construction cost of the de…
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