Pilbara Minerals Completes Key Projects, Strengthens Market Position
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Pilbara Minerals has completed its Pilgangoora P680 and P1000 projects, focusing on optimization and cost reduction. The company boasts a strong balance sheet with $1.0 billion in cash and a $625 million undrawn credit facility, positioning it well for market cycles. The latest analyst rating for Pilbara Minerals (AU:PLS) is a Hold with a price target of A$2.95. Pilbara Minerals operates in the lithium mining sector, owning 100% of its assets, including the Pilgangoora operation and the Colina Project in Brazil.
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