PILBF - Pilbara Minerals Limited (PILBF) Q4 2024 Earnings Call Transcript
2024-07-24 01:33:07 ET
Pilbara Minerals Limited (PILBF)
Q4 2024 Earnings Conference Call
July 23, 2024 07:00 PM ET
Company Participants
Dale Henderson - Managing Director and Chief Executive Officer
Luke Bortoli - Chief Financial Officer
Conference Call Participants
Kaan Peker - Royal Bank of Canada
Rahul Anand - Morgan Stanley
Kate McCutcheon - Citi
Rob Stein - Macquarie
Timothy Hoff - Canaccord Genuity Corp.
Hugo Nicolaci - Goldman Sachs
Alistair Harvey - JPMorgan Chase & Co.
Levi Spry - UBS
Presentation
Operator
Good day and thank you for standing by. Welcome to the Pilbara Minerals June Quarterly Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. Please note, Pilbara Minerals will be taking one question per person with one related follow-up question permitted. [Operator Instructions] Pilbara Minerals will be taking some questions from the webcast towards the end of the call. Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Pilbara Minerals Managing Director and CEO, Dale Henderson. Please go ahead.
Dale Henderson
Thank you, Maggie, and a warm welcome to those who have joined us on the call today, in particular to our long-term shareholders. Thank you for your ongoing support.
I'd like to begin by acknowledging the traditional owners on the lands in which our businesses operate, the Whadjuk people of the Noongar Nation in Perth, where we are undertaking a call today. And the Nyamal and Kariyarra people where our operations are located in the Pilbara. We pay our respects to their elders past and present.
With regards to introductions, I'm joined on the call today with Luke Bortoli, our CFO. Also in the room, I have a number of teams supporting the call. For the call today, we have an hour and we'll step through a presentation, followed by a Q&A with the remaining time. We'll aim to keep our comments brief. We have approximately 25 minutes for analyst questions and five minutes of questions from webcast.
Now the June quarter. Well, the June quarter was one of strong operational performance and on track of project delivery. In fact, it was a record breaking quarter to close out what has been a very successful growth year for the company. Now as all of you will be aware, it's been a softer market to operate in. We've had a decline in pricing through 2023 than in the December quarter last year, but was still declining. As we went into March quarter of this year, we saw a reversal on that trend and then it's essentially been flat pricing since.
Now the team has kept focused on controlling what we can control, disciplined delivery, delivering on our commitments and the June quarter speaks to exactly that finishing off what has been a very strong year of performance....
Pilbara Minerals Limited (PILBF) Q4 2024 Earnings Call Transcript