Financial news, corporate announcements, analysts’ reports
PERTH: Pilbara Minerals Ltd. (ASX: PLS) reported a statutory loss of A$196 million for the fiscal year ended June 30, 2025, as lithium prices fell sharply, eroding margins despite record production and sales volumes. Revenue dropped 39% to A$769 million, driven by a 43% decline in the average realised price of spodumene concentrate, the…
SYDNEY: Pilbara Minerals Limited announced the execution of an agreement with GLX Digital Limited, which introduces a new digital trading and sales platform for Pilgangoora Project spodumene concentrate production. The platform is intended to provide Pilbara Minerals with a further avenue for sales growth, offering interested parties the ability to access current and future…
SYDNEY: Pilbara Minerals Limited has completed the acquisition of the Altura Project, a news release said. Pilbara Minerals has acquired all of the shares in Altura Lithium Operations Pty Ltd (ALO), the entity which owns the Altura Lithium Project, in consideration for an upfront cash payment of $155 million (A$201million). Deferred consideration is also…
Pilbara Minerals (ASX: PLS) is an Australian lithium mining company. It owns and operates the Pilgangoora Lithium-Tantalum Project. Pilbara is listed on the S&P/ASX 200. It was founded in 2005. Pilbara Minerals is the leading ASX-listed pure-play lithium company, owning 100% of the world’s largest, independent hard-rock lithium operation. Located in Western Australia’s resource-rich…