Terpene

Pilbara Minerals
FormerlyFortuna Metals
Marginbet
Portland International
ASXPLS
IndustryMining
FoundedJanuary 2005
FounderStephen Hobbs
Nick Kephala
John Levy
Headquarters
Key people
Tony Kiernan(Chairman)
Dale Henderson (CEO)
ProductsLithium, tantalite
Revenue$176 million (2021)
($51 million) (2021)
Websitewww.pilbaraminerals.com.au

Pilbara Minerals is an Australian lithium and tantalite mining company.

History[edit]

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[edit]

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[edit]

External links[edit]

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