Lithium miner Pilbara Minerals has closed the book on partnering at its Pilgangoora lithium project, in Western Australia, announcing on Tuesday that it would undertake an incremental approach to the Stage 2 expansion.
The company in March this year appointed Macqurie Capital to assist in managing a partnering process for the Pilgangoora project, which considered a range of options, including the outright acquisition of between a 20% and 50% equity interest in the project, a long-term offtake agreement, the joint development of lithium hydroxide conversion facilities, and a product streaming financing proposal.