Brief: Pilbara Minerals Says FID For Mid-Stream Demonstration Plant Expected For Approval In Near Term

Calix

03/07/2023 02:40

July 3 (Reuters) - Pilbara Minerals  PLS.AX :
    * FID FOR MID-STREAM DEMONSTRATION PLANT EXPECTED TO BE PUT
TO
BOARDS OF BOTH COMPANIES FOR APPROVAL IN NEAR TERM
    * BOTH JV PARTIES TO BRING FORWARD CERTAIN PROJECT
EXPENDITURE IN
RESPECT OF DETAILED ENGINEERING, INITIALLY PLANNED FOR POST-FID
    * FID FOR MID-STREAM DEMONSTRATION PLANT EXPECTED TO BE MADE
ON OR
ABOUT END OF JULY
    * DEVELOPMENT OF DEMONSTRATION PLANT SUPPORTED BY A$20M IN
AUSTRALIAN GOVERNMENT FUNDING UNDER MODERN MANUFACTURING
INITIATIVE

Source text for Eikon:  ID:nASXc5Mrjh 
Further company coverage:  CXL.AX 

 ((Reuters.Briefs@thomsonreuters.com;))