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Why is Pilbara Minerals Growing its Offtake Agreement with Chengxin? — ASX:PLS| ASX Mining News & Discussion
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Lykeshares Official
$PLS Why is Pilbara Minerals Growing its Offtake Agreement with Chengxin?
Pilbara Minerals Bolsters Supply Agreement with Chengxin Lithium, Fueling Global Battery Market

Pilbara Minerals Limited, a leading Australian lithium producer, has significantly expanded its offtake agreement with Chengxin Lithium Group, extending and increasing spodumene concentrate supply through to the end of 2026.

This move underlines Pilbara Minerals' strategic positioning in the lithium market, catering to the rising demand for battery materials among top-tier global customers, including BYD, LG Chemical, and CATL. The agreement not only reinforces Pilbara Minerals' role in the energy transition but also strengthens its partnership with Chengxin, a key player in the lithium chemical production sector.

Strengthening Strategic Alliances: Extended Offtake Agreement

Pilbara Minerals has successfully amended its existing agreement with Chengxin Lithium, marking a considerable expansion in their collaboration. Initially committed to supplying 70,000 tonnes of spodumene concentrate in FY24, Pilbara Minerals will now increase the total supply for CY24 to 85kt, with 150kt scheduled for both CY25 and ...
Why is Pilbara Minerals Growing its Offtake Agreement with Chengxin?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?