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Pilbara Minerals Boasts Record Quarter
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Pilbara Minerals Boasts Record Quarter

Pilbara Minerals Limited (AU:PLS) has released an update.

Pilbara Minerals Limited reported a robust June quarter in 2024 with record spodumene production and a 58% revenue increase, buoyed by higher prices and sales volumes. Operational efficiency also improved with a 12% reduction in unit operating costs. The company is maintaining a strong balance sheet with substantial cash reserves, despite capital expenditures for ongoing expansion projects.

For further insights into AU:PLS stock, check out TipRanks’ Stock Analysis page.

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