New name for Pilbara Minerals

Pilbara Minerals completed its acquisition of Latin Resources last month – and took the opportunity to announce a name change, to PLS.

With the acquisition complete, Belo Lithium, a local Brazilian subsidiary of Latin Resources, will now be known as PLS and the Salinas Project will be renamed back to its former name of the Colina Project.

PLS Managing Director and CEO Dale Henderson said the transaction marked a major milestone in the company’s history.

“We are thrilled to have completed our first major acquisition outside of Australia and to be bringing a lithium project with such great potential into our portfolio,” Mr Henderson said.

“Through our global search we identified the Latin Resources Lithium Project in Salinas and quickly gained confidence in Minas Gerais as an attractive place to do business with strong support from both the government and community.”