PILBF - Will Posco Substitute For LG Chem In A New Offtake Agreement With Pilbara Minerals?
The present article was first published for my subscribers only on March 8, 2018, but remains relevant today at the light of Posco’s (PKX) posterior award of an option to generate lithium value-added products in Chile and its recent acquisition of half of Galaxy’s mining property in Sal de Vida, Argentina.
In a previous piece, I introduced some doubts as to the possibility for LG Chem (LGCLF) to convert lithium concentrates - to be obtained from Stage 2 of Pilbara Minerals’ (PILBF) project in Australia - into lithium carbonate or hydroxide in South Korea