Pilbara plunges on customer issues

PILBARA Minerals dropped 10% this morning after the company warned it was moderating its production levels due to weaker demand for spodumene concentrate as its customers struggle with short-term issues to ramp up their downstream lithium chemical plants on time.

Pilbara plunges on customer issues Pilbara plunges on customer issues Pilbara plunges on customer issues Pilbara plunges on customer issues Pilbara plunges on customer issues

Production will be curtailed to meet softer demand.

Pilbara boss Ken Brinsden warned the markets that production for the June quarter would be curtailed due to the delays in the construction, commissioning and build-out of conversion capacity in China,

topics

loader