 | A major contributor to this article appears to have a close connection with its subject. It may require cleanup to comply with Misplaced Pages's content policies, particularly neutral point of view. Please discuss further on the talk page. (July 2022) (Learn how and when to remove this message) |
 | |
| Formerly | Fortuna Metals Marginbet Portland International |
|---|---|
| Traded as | ASX: PLS |
| Industry | Mining |
| Founded | January 2005 |
| Founder | Stephen Hobbs Nick Kephala John Levy |
| Headquarters | West Perth, Western Australia |
| Key people | Kathleen Conlon (Chairman) Dale Henderson (CEO) |
| Products | Lithium, tantalite |
| Revenue | $1.3 billion (2024) |
| Operating income | $397.7 million (2024) |
| Net income | $256.88 million (2024) |
| Website | www.pilbaraminerals.com.au |
Pilbara Minerals is an Australian lithium and tantalite mining company.
History
Pilbara Minerals was founded in January 2005 as Portland International. 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.
In November 2007 it diversified into gold mining, purchasing two prospecting licences in the Goldfields-Esperance region of Western Australia. In December 2007, the company discontinued its bookmaking business. In April 2008 Marginbet was renamed Fortuna Metals.
In 2009/10, 13 exploration licences in the Pilbara were purchased. In 2012, Pilbara Minerals acquired Sturt Resources that had gold and copper mining interests in Papua New Guinea. In June 2014, Pilbara Minerals acquired a 50% stake in the Tabba Tabba Tantalum project. In July 2014, Pilbara acquired the Pilgangoora Tantalum-Lithium Tantalum project, now known as the Pilgangoora Operation.
In 2020 Pilbara Minerals acquired the Altura lithium project in Western Australia, now part of the Pilgangoora Operation.
Controversies
In 2019, a contractor was charged with murdering a co-worker at the Pilgangoora mine site. The case is now before the court.
References
- Historical details for ABN 95 112 425 788 Australian Business Number
- Prospectus Marginbet 22 June 2007
- Marginbet Limited Admission to Official List Australian Securities Exchange 18 September 2007
- Acquisition of Interest in Christmas Bore Project Marginbet 23 November 2007
- Update on Gaming Operations Marginbet 18 December 2007
- Change of Company Name Australian Securities Exchange 9 April 2008
- Acquisition of West Pilbara Mineral Tenements Fortuna Metals 13 October 2009
- Acquisition of Further West Pilbara Mineral Tenements Fortuna Metals 12 January 2010
- Pilbara to Acquire Major Copper/Gold Mining Project in PNG Pilbara Minerals 30 October 2012
- Pilbara on Track for Completion after Completing Acquisition of 50% Stake in Tabba Tabba Tantallum Project Pilbara Minerals 10 June 2014
- Pilbara Completes Acquisition of Pilgangoora Tantallum-Lithium Tantalum Project Pilbara Minerals 28 July 2014
- Zakharia, Nickolas (20 January 2021). "Pilbara Minerals strengthens Pilgangoora lithium foothold". Australian Mining. Retrieved 16 June 2021.
- "FIFO worker to face trial next year over alleged Pilbara mine murder". watoday.com.au. 12 October 2021. Retrieved 5 January 2022.
