Good News & Bad News, page-35005

Pilbara Full year result. Announcement 25/08/2023
FY23-Fullyear-results.pdf (irmau.com)
Page 3

GUIDANCE
FY24 GUIDANCE
Pilbara Minerals provides the following guidance for FY24:
• Production guidance of between 660 - 690kt spodumene concentrate on a product grade of
~5.2%5;
• Unit operating costs of between $600 - $670/dmt
6 - US$390- $US436/dmt (FOB Port Hedland ex
royalties)7;
• Capital expenditure of:
o Growth capital expenditure including P680 and P1000 Projects - $490M to $540M;
o Mine development - $140M to $160M;
o Sustaining capital - $75M to $85M; and
o Projects and enhancements - $170M to $190M.

^{• FY23 full year tax liability of $894.2M ($120.9M paid during FY23, balance of $773.3M to be paid
during H1 FY24)}