Driven by market recovery, PLS announced that it will restart the Ngungaju lithium mine in Pilgangoora, Western Australia, in July this year (with an annual capacity of approximately 200,000 tons). The company has already fully initiated about four months of preparatory work for the restart. At the same time, PLS updated the timetable for two major core expansion projects: the P2000 project, aimed at increasing the total capacity of Pilgangoora to approximately 2 million tons per year, with a feasibility study expected to be completed in Q4 2026; and the Colina project, whose feasibility study has been postponed to Q4 2027 to allow for more thorough drilling and technical optimization. PLS CEO emphasized that this low-risk restart and cautious future expansion reflect the company’s rigorous strategy to navigate cycles and its focus on return on investment. (SMM)
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PLS announces the restart of the Ngungaju plant in July, simultaneously updating the capacity expansion schedule.
Driven by market recovery, PLS announced that it will restart the Ngungaju lithium mine in Pilgangoora, Western Australia, in July this year (with an annual capacity of approximately 200,000 tons). The company has already fully initiated about four months of preparatory work for the restart. At the same time, PLS updated the timetable for two major core expansion projects: the P2000 project, aimed at increasing the total capacity of Pilgangoora to approximately 2 million tons per year, with a feasibility study expected to be completed in Q4 2026; and the Colina project, whose feasibility study has been postponed to Q4 2027 to allow for more thorough drilling and technical optimization. PLS CEO emphasized that this low-risk restart and cautious future expansion reflect the company’s rigorous strategy to navigate cycles and its focus on return on investment. (SMM)