SMM5, May 5:, Pilbara Minerals recently announced its first quarter of 2019 results, the announcement shows that Pilbara Minerals in the first quarter of 2019 production of lithium concentrate 52196 tons, a month-on-month increase of 9%, sales of 38562 tons, production and marketing rate of 74%. The average selling price of Pilbara lithium concentrate was $675 / tonne (CIF), down 9 per cent from $742a tonne of 18Q4.
Production and marketing:
As the processing plant further optimizes the recovery and production of lithium, the production of spodumene has increased steadily. Driven by an improved trend in BP's recovery, production is forecast to be 20 to 22kt in April.
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