Pilbara Minerals Limited (AU:PLS) has released an update.
Pilbara Minerals Limited reported a robust June quarter in 2024 with record spodumene production up 26% and sales surging 43%, significantly boosting revenue by 58% to $305M. The company achieved this strong performance through heightened production efficiencies, leading to a 12% reduction in unit operating costs. Additionally, Pilbara Minerals sustained a solid balance sheet despite expansion expenditures, with a cash balance of $1.6B.
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