Pilbara Gold retains a perpetual 2% gross-revenue royalty over every product sold from granted mining lease M45/1307, including lithium, tantalum, gold and other minerals. Pilbara Minerals acquired the underlying non-core tenements and mining-lease application under the 2024 tenement sale and paid Pilbara Gold A$20 million cash in two tranches. The lease was granted on 22 January 2026 and the royalty deed was executed in February. The issuer has not disclosed production, a standalone resource or a development study specifically attributable to M45/1307, so the royalty exposure remains classified at Exploration rather than being inferred to share the stage of Pilbara Minerals' wider operations.
- Country
- Australia
- Commodity
- Li
- Stage
- Exploration