Home Search Watchlist Advertise Feedback Profile



How Did Pilbara Minerals Achieve a 22% Increase in Production in the December Quarter? — ASX:PLS| ASX Mining News & Discussion
L
Lykeshares Official
$PLS How Did Pilbara Minerals Achieve a 22% Increase in Production in the December Quarter?
Pilbara Minerals: A Quarter of Strategic Advancements Amid Market Volatility

In the December 2023 quarter, Pilbara Minerals Limited, a leader in the lithium market, demonstrated significant operational resilience despite challenging market conditions.

Key Production and Financial Outcomes

Production: Increased by 22% quarter-on-quarter to 176.0 kt.
Sales: Saw a 9% rise to 159.9 kt.
Realized Price: Experienced a 50% decrease to US$1,113 per tonne.
Revenue: Dropped by 46% to A$264 million.
Unit Operating Costs: Decreased by 14% to A$639 per tonne.
Cash Balance: Declined to A$2,144 million, a 29% reduction.

Operational Highlights

Pilbara Minerals’ production for the December quarter was robust, with 176.0 kt of spodumene concentrate. This marked a substantial increase compared to the previous quarter, demonstrating the company's operational efficiency.

Strategic Project Developments

P680 Expansion Project: Progressing on schedule with Primero Group Limited ...
How Did Pilbara Minerals Achieve a 22% Increase in Production in the December Quarter?

L
Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
L
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
L
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
L
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
L
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
L
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
L
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?