June 2024 Quarterly Results

24 July 2024

We have released our June 2024 Quarterly Results with highlights including:

Strong operational performance with record production volume of 226.2kdmt of spodumene concentrate for the June Quarter
Revenue increased by 58% to $305M compared to the prior Quarter, reflecting a 43% increase in sales volume and a 4% increase in average realised price
Unit operating cost (FOB) of $591/dmt decreased by 12% compared to the prior Quarter.
Strong balance sheet position with June Quarter end cash balance of $1.6B
Commencement of construction of the mid-stream demonstration plant at Pilgangoora Operation.
Release of the P2000 pre-feasibility study (PFS)
2024 financial year (FY24) guidance achieved or exceeded across all three metrics
Guidance for FY25 released.