Leading Australian lithium producer Pilbara Minerals is launching a digital sales and trading platform to sell unallocated production from its Pilgangoora mining and processing operation in Western Australia, driven by renewed demand in the global lithium supply chain. The platform will subsequently include downstream lithium chemical products.
The Battery Materials Exchange is designed by Australian software company GLX Digital, which created a similar platform for the natural gas industry a few years earlier, Pilbara said.
The platform will undergo trials using lithium concentrate (spodumene) not contracted under offtake agreements and will include unallocated future production from the 220,000 t/yr capacity Altura Mining operation that it acquired from administration last year. The Altura Mining operation is in care and maintenance mode.
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