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Pilbara Minerals
FormerlyFortuna Metals
Marginbet
Portland International
ASXPLS
Industry Mining
FoundedJanuary 2005
FounderStephen 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.

History

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.

Controversies

In 2019, a contractor was charged with murdering a co-worker at the Pilgangoora mine site. The case is now before the court. [13]

References

  1. ^ Historical details for ABN 95 112 425 788 Australian Business Number
  2. ^ Prospectus Marginbet 22 June 2007
  3. ^ Marginbet Limited Admission to Official List Australian Securities Exchange 18 September 2007
  4. ^ Acquisition of Interest in Christmas Bore Project Marginbet 23 November 2007
  5. ^ Update on Gaming Operations Marginbet 18 December 2007
  6. ^ Change of Company Name Australian Securities Exchange 9 April 2008
  7. ^ Acquisition of West Pilbara Mineral Tenements Fortuna Metals 13 October 2009
  8. ^ Acquisition of Further West Pilbara Mineral Tenements Fortuna Metals 12 January 2010
  9. ^ Pilbara to Acquire Major Copper/Gold Mining Project in PNG Pilbara Minerals 30 October 2012
  10. ^ Pilbara on Track for Completion after Completing Acquisition of 50% Stake in Tabba Tabba Tantallum Project Pilbara Minerals 10 June 2014
  11. ^ Pilbara Completes Acquisition of Pilgangoora Tantallum-Lithium Tantalum Project Pilbara Minerals 28 July 2014
  12. ^ Zakharia, Nickolas (20 January 2021). "Pilbara Minerals strengthens Pilgangoora lithium foothold". Australian Mining. Retrieved 16 June 2021.
  13. ^ "FIFO worker to face trial next year over alleged Pilbara mine murder". watoday.com.au. 12 October 2021. Retrieved 5 January 2022.

External links