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Pilbara Minerals Boosts Revenue Despite Production Dip Amid Strategic Shift

8:17am on Wednesday 29th of January, 2025 AEDT Mining
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Pilbara Minerals Boosts Revenue Despite Production Dip Amid Strategic Shift

8:17am on Wednesday 29th of January, 2025 AEDT
Key Points
  • Spodumene concentrate production down 14% to 188.2k dmt due to new P850 operating model
  • Revenue increased 3% to A$216 million despite lower sales volume
  • Unit operating costs rose 2% reflecting transition and lower volumes
  • P1000 Project on schedule and budget, with commissioning underway
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