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close connection with its subject. (July 2022) |
Formerly | Fortuna Metals Marginbet Portland International |
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ASX: PLS | |
Industry | Mining |
Founded | January 2005 |
Founder | Stephen Hobbs Nick Kephala John Levy |
Headquarters | |
Key people | Tony Kiernan(Chairman) Dale Henderson (CEO) |
Products | Lithium, tantalite |
Revenue | $176 million (2021) |
($51 million) (2021) | |
Website | www.pilbaraminerals.com.au |
Pilbara Minerals is an Australian lithium and tantalite mining company.
Pilbara Minerals was founded in January 2005 as Portland International. [1] It commenced trading in August as an internet and telephone sports bookmaker. Having been renamed Marginbet in April 2007, it was listed on the Australian Securities Exchange in September 2007. [2] [3]
In November 2007 it diversified into gold mining, purchasing two prospecting licences in the Goldfields-Esperance region of Western Australia. [4] In December 2007, the company discontinued its bookmaking business. [5] In April 2008 Marginbet was renamed Fortuna Metals. [6]
In 2009/10, 13 exploration licences in the Pilbara were purchased. [7] [8] In 2012, Pilbara Minerals acquired Sturt Resources that had gold and copper mining interests in Papua New Guinea. [9] In June 2014, Pilbara Minerals acquired a 50% stake in the Tabba Tabba Tantalum project. [10] In July 2014, Pilbara acquired the Pilgangoora Tantalum-Lithium Tantalum project, now known as the Pilgangoora Operation. [11]
In 2020 Pilbara Minerals acquired the Altura lithium project in Western Australia, [12] now part of the Pilgangoora Operation.
In 2019, a contractor was charged with murdering a co-worker at the Pilgangoora mine site. The case is now before the court. [13]