Pilbara Minerals acquires Altura Mining
Pilbara Minerals has acquired Altura Mining which gives Pilbara 100% ownership of the Altura lithium mining project as well as the Pilgangoora project in Western Australia (the Acquisition).
Pilbara Minerals intends to improve market conditions for lithium and encourage production at the newly acquired mine which comes at a time of increased demand for lithium and other clean technologies.
Pilbara Mining view the Acquisition of Altura Mining as a significant milestone in the company’s history with its CEO saying that the Acquisition marks an important moment for the lithium industry in Australia.
Source: https://www.australianmining.com.au/news/altura-shows-plenty-of-promise-for-pilbara/
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