19
Apr
15:32
Pilbara’s March quarter revenues drop 27%
Australian miner Pilbara Minerals on Friday reported a 27% quarter-on-quarter drop in its revenue during the three months ended 31 March 2024.
The March quarter’s revenue was AUD 192 million ($123.1m), compared to AUD 264m reported in the December quarter of FY2024, Kallanish notes. The company attributed the quarterly drop to a 28% decline in average realised price, which was partly offset by a 3% increase in sales volume.
Pilbara sold 165,100 dry metric t…
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