---
title: "Pilbara Minerals Completes Key Projects, Strengthens Market Position"
description: "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 mill"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/250666561.md"
published_at: "2025-07-29T22:12:39.000Z"
---

# Pilbara Minerals Completes Key Projects, Strengthens Market Position

> 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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An announcement from Pilbara Minerals ( (AU:PLS) ) is now available.

Pilbara Minerals has completed its Pilgangoora P680 and P1000 projects and is now focusing on optimization and reducing unit operating costs. With a strong balance sheet, including a $1.0 billion cash balance and a $625 million undrawn credit facility, the company is well-positioned to capitalize on market cycles and maintain its industry positioning.

The most recent analyst rating on (AU:PLS) stock is a Hold with a A$2.95 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.

**More about Pilbara Minerals**

Pilbara Minerals is a company operating in the mining industry, primarily focused on lithium production. It owns 100% of its assets, including the Pilgangoora operation in the Pilbara region and the Colina Project in Brazil, and is strategically positioned in established and ex-China supply chains.

**Average Trading Volume:** 44,224,838

**Technical Sentiment Signal:** Sell

**Current Market Cap:** A$5.47B

See more data about PLS stock on TipRanks’ Stock Analysis page.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.