St..ead today. Pilbara Minerals boss Dale Henderson is investing...

St..ead today. Pilbara Minerals boss Dale Henderson is investing against the lithium downturn as he waits for the ‘perfect storm’
But Henderson sees the opportunity to expand production and reduce costs in preparation for the next lithium boom, with its ‘P1000’ project to be complete late next year.Instead PLS announced last week the company would likely defer its dividend and lightly trim capex but keep its growth projects intact.“Who knows where pricing goes, but I like the idea of a perfect storm where pricing improves in combination with the new capacity that we’ve built out. Time will tell,” he said yesterday.