PLS 5.02% $2.93 pilbara minerals limited

Good News & Bad News, page-35005

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    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)


 
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