Australia's Pilbara Q2 revenue nearly halves as spodumene prices fall

Jan 24 - Australia's Pilbara Minerals PLS.AX reported a 46% sequential drop in its second-quarter revenue on Wednesday as average realised price for spodumene halved.

The company posted revenue of A$264 million ($173.71 million) for the quarter ended December 31, down from A$493 million in the previous quarter.

($1 = 1.5198 Australian dollars)

(Reporting by Ayushman Ojha and Poonam Behura in Bengaluru; Editing by Krishna Chandra Eluri)

((Poonam.Behura@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.