PLS 0.34% $2.99 pilbara minerals limited

https://www.listcorp.com/asx/pls/pilbara-minerals-limited/news/ma...

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    https://www.listcorp.com/asx/pls/pilbara-minerals-limited/news/march-2024-quarterly-activities-report-3021045.html
    Unit operating cost (FOB) of $675/dmt increased by 6% compared to the December Quarter primarily driven by the deployment of temporary mobile ore sorting equipment. A temporary mobile ore sorter was deployed for the benefit of supplemental ore and to bring forward optimisation learnings in support of the ramp-up of the permanent P680 crushing and ore sorting facility.  Unit operating cost (FOB) of $675/dmt in the March Quarter is lower than $691/dmt for the half year ended 31 December 2023 demonstrating the trend of improved unit operating cost performance during FY24. Excluding the cost of the temporary mobile ore sorting equipment, unit operating cost (FOB) for the March Quarter would have been ~$625/dmt.  March set a new monthly production record with over 80k dmt produced at a unit operating cost (FOB) of less than $625/dmt. This month of peak performance was underpinned by the continuous operation of P680 and its expanded production capacity with no shutdowns, higher ore lithium head grade and higher lithium recoveries due to operational improvements including the Page 2 of 9temporary mobile ore sorters. Performance in the first half of the Quarter was impacted by weather events and ore supply challenges that are now resolved. 
 
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