Australia's Pilbara Minerals makes $370m bid for Brazil lithium project

Lithium miner moves to diversify outside home market with eye on serving U.S. and EU

20240815 Pilbara Minerals

Pilbara Minerals is looking to diversify its portfolio with the acquisition of Latin Resources and its Brazilian lithium project. (Photo from Pilbara Minerals website)

SHAUN TURTON, Nikkei staff writer

SYDNEY -- Australian lithium miner Pilbara Minerals has reached an agreement to acquire a hard rock lithium project in Brazil, announcing an all-share offer for compatriot Latin Resources and its planned Salinas mine in the South American country.

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