..I posted an earlier Goldman heads up on this poorer result under EV/Lithium thread a week ago. Drop in lithium hits Pilbara Minerals’ revenue
Tom Richardson
Lithium exporter Pilbara Minerals said sales declined 27 per cent to $192 million in the March quarter as average realised prices fell 28 per cent to $US804 per dry metric tonne of lithium.
The shares, which have been targeted by short sellers, are up 1.5 per cent over the last six months to last close at $3.92.
Sales down 12 per cent at Woodside
Tom Richardson
Oil and gas giant Woodside says its production of barrels of oil equivalent fell 7 per cent in the March quarter, versus the December quarter. Total quarterly sales fell 12 per cent to $US2.97 billion.
Whitehaven’s coal sales slip
Tom Richardson
Whitehaven Coal says coal sales for the March quarter slipped 17 per cent to 3.12 million tonnes, versus the December quarter.
It achieved $US219 a tonne average price for the March quarter, down 1 per cent on the December quarter.
The stock is up 12.9 per cent over the last year and last closed at $7.88.
