Citigroup Acquires Significant Stake in Pilbara Minerals

Pilbara Minerals Limited (AU:PLS) has released an update.

Citigroup Global Markets Australia has acquired a substantial 5.16% stake in Pilbara Minerals, signaling a significant investment move in the lithium sector. This development highlights Citigroup’s growing interest in the evolving market for lithium, a key component in electric vehicle batteries. Investors might find this strategic stake intriguing as it could influence Pilbara’s market dynamics and future growth prospects.

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