Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Derek Rose

SHOCKING: Incredible year for pilbara minerals - What They Never Told You

Strong demand for lithium ore has lifted WA company Pilbara Minerals revenues nearly sevenfold. (Dan Himbrechts/AAP PHOTOS) (AAP)

Pilbara Minerals has delivered its inaugural profit as strong demand for lithium ore lifted revenues nearly sevenfold in the 12 months to June 30.

The Perth company on Tuesday announced it made $561.8 million in net profit after tax in 2021/22, compared to a $51.4 million loss the year before.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.