Pilbara Minerals halts trading pending incident announcement
The pilot plant would process Pilbara Minerals’ hard-rock ore into lithium salt near the company’s Pilgangoora Project in Western Australia. (Image courtesy of Pilbara Minerals)
The Australian stock exchange on Monday announced a trading halt on shares of Pilbara Minerals Ltd, pending an announcement from the lithium miner regarding an incident at a site that requires investigation.
Pilbara requested the halt until the start of trading on Wednesday, Nov. 13.
The West Perth-based company operates the Pilgangoora Lithium-Tantalum Project and Mount Francisco, both in Western Australia.
Shares of the miner were down as much as 3% in early trade, before the halt was placed.
(By Niyati Shetty; Editing by Christian Schmollinger)
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