31
Oct
15:45
Pilbara’s revenue drops 42% on lower spodumene prices
Australian lithium producer Pilbara Minerals reported a 42% drop in its September quarter revenue to AUD 493 million ($312.3) from AUD 844m in the previous quarter, Kallanish learns.
The company primarily attributed the fall in revenue to a 31% quarter-on-quarter decline in the average realised spodumene selling price – down from $3,256/tonne to $2,240/t. The price was also down 47% year-on-year, from $4,266/t, the company’s latest quarterly report sho…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous