Pilbara Minerals Gains Ground Despite Reporting Full-Year Loss, CEO Expresses Optimism
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 25 2025
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Source: SeekingAlpha
Company Performance: Pilbara Minerals reported its first annual loss in four years, with FY 2025 underlying EBITDA dropping 83% year-over-year to $97 million and a statutory loss after tax of $196 million.
Sales and Revenue Decline: Despite a 7% increase in sales volumes to 760K metric tons, revenue fell by 39% year-over-year to A$769 million due to a significant drop in lithium prices.
Market Outlook: CEO Dale Henderson anticipates market tightness ahead, stating that the current low pricing for lithium cannot be sustained long-term as global demand continues to rise.
Future Investments: The company is considering investing in brine assets, although it currently focuses on hard-rock spodumene lithium mining.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
