Pilbara Minerals, Australia's largest independent lithium miner, plans a 15% output increase in 2025 despite low prices.
Pilbara Minerals, Australia's largest independent lithium miner, plans to increase output of the electric battery metal despite low prices, targeting a 15% ramp-up in the 2025 financial year. The company posted stronger production volumes for the June quarter and a 58% increase in revenue from the prior three months, while other lithium miners cut supplies amid a global oversupply and slower growth in electric car sales.
July 24, 2024
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