Pilbara Minerals acquires Latin Resources for $560M, adding Brazil's Salinas Lithium Project to its portfolio.

Pilbara Minerals to acquire Latin Resources for $560M, adding Brazil's Salinas Lithium Project to its portfolio. This diversifies operations and provides exposure to growing North American and European battery markets. Latin Resources shareholders will receive 57% premium in Pilbara Minerals shares. The deal aims to expand Pilbara Minerals' position in the lithium industry and adds a potential second operating platform in an emerging lithium region.

August 15, 2024
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