Pilbara Minerals FY23 Results - Lithium Producer Full Year 2023

Pilbara Minerals reported FY23 full year results with $4.1B revenue and $2.4B statutory profit, reflecting strong demand for lithium. The ASX-listed hard-rock lithium producer operates two plants with a 34-year mine life and is expanding capacity by over 70% through development projects. The company generated $3.3B EBITDA and increased cash reserves to $3.3B while maintaining dividend distributions to shareholders.