Pilbara Minerals further expands spodumene capacity amid long-term positivism despite current pricing pullback

Australian lithium miner Pilbara Minerals will continue expanding spodumene capacity and provided higher guidance for its 2024 financial year (FY24) spodumene concentrate output amid positive long-term outlook for lithium demand despite a downtrend in prices, the company said in its FY23 financial report released on Friday August 25.

Pilbara Minerals invested heavily during its FY23 ended June 30 2023 to ramp up production at its Pilgangora project and aims to take its nameplate production capacity to 1 million...

Published

Zihao Li

August 25, 2023

09:27 GMT

Shanghai