Pilbara says lithium market deteriorating

PILBARA Minerals ran its mill for just five weeks during the September quarter, processed primarily stockpiled ore, reduced its staff and halved sales as it “moderated” production in the face of a worsening global lithium market.

Pilbara says lithium market deteriorating Pilbara says lithium market deteriorating Pilbara says lithium market deteriorating Pilbara says lithium market deteriorating Pilbara says lithium market deteriorating

Pilbara's Pilgangoora is struggling to cope with a weak market.

Costs were around US$530 per tonne for the quarter, higher due to plant downtime and one-off restructuring charges, compared with the Platts 6% concentrate price of $545/t, and sales of 20,044t

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