https://www.engineeringnews.co.za

MinRes drags Pilbara to court

3rd October 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – ASX-listed Mineral Resources (MinRes) has served fellow-listed Pilbara Minerals with a writ of summons to the Supreme Court of Western Australia.

The writ relates to a dispute over the validity of Pilbara Minerals' sales notice over lithium from the Pilgangoora project, in Western Australia.

Pilbara Minerals previously issued MinRes a notice of dispute over the sale of the lithium product, with the companies now obligated to call in an independent expert to assist in determining a suitable outcome to the issue.

Pilbara Minerals said on Friday that as both parties were contractually obligated to follow the dispute resolution procedure, the company would make an immediate application to stay the court proceedings to allow the expert’s binding termination to be made without delay.

The issue arose around MinRes’s right of first refusal over the lithium produced at Pilgangoora, after Pilbara Minerals inked an offtake agreement with General Lithium for the supply of 140 000 t/y of 6% chemical-grade spodumene concentrate over a six-year period from the first quarter of 2018.

Edited by Creamer Media Reporter

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.102 0.178s - 156pq - 2rq
Subscribe Now