Pilbara Minerals (ASX:PLS) has announced their final dividend of 14 AU cents per share.

Despite various market conditions, the company’s long-term outlook for battery-grade lithium raw materials remains strongly positive.

Looking forward, the company forecasts FY24 production levels to be between 660 - 690KT Spodumene concentrate.

Growth capital expenditure for FY24, inclusive of P680 and P1000 projects, is expected to be between A$490M to A$540M.

For the same period, Pilbara Minerals (ASX:PLS) expects unit operating costs to be between A$600 - A$670/DMT, FOB Port Hedland, exclusives of royalties.

Over the shorter term, the company does anticipate continued growth in demand for their products, with possibilities of price volatility.

Pilbara Minerals is a leading provider of lithium and tantalum, two elements critical to the energy storage market.