Pilbara Minerals Ltd (ASX:PLS) – which is on the lookout for lithium in Australia’s northwest – has blamed a fall in the metal’s price for its negative readings for both revenue and profit in the 2024 fiscal year, with this news causing its share price to fall and then trade flat. PLS said its statutory profit after tax had fallen 89% to $257 million in FY24, down from $2.39 billion the previous year, while revenue had also registered a fall of 69% (to $1.3 billion in FY24). EBITDA came in at $538 million – an 84% fall, which Pilbara blamed specifically on ‘lower realised prices’ which were ‘p…