Latest Pls (ASX:PLS) News

Pilbara Minerals Limited has announced a significant 2025 Mineral Resource update for its Pilgangoora Operation, increasing contained lithium oxide by 23% to 5.7 million tonnes and reinforcing its status as a global lithium powerhouse.

Pilbara Minerals delivers record production and sales at Pilgangoora but faces statutory net losses due to joint venture investments and expansion costs. The company remains optimistic about long-term lithium market prospects.

Pilbara Minerals reported a 14% drop in spodumene concentrate production for December Quarter FY25 amid operational shifts, yet revenue rose 3% driven by higher prices. The company advances its P1000 Project and secures approval to acquire Latin Resources, signaling growth ambitions.