A Tier One asset with strong growth potential

Pilgangoora, Australia

Our 100% owned flagship Pilgangoora Operation is located 140km from Port Hedland in Western Australia’s resource rich Pilbara region on Nyamal and Kariyarra Country.

The Pilgangoora ore body is one of the largest hard rock lithium deposits in the world and produces approximately 8% of global lithium supply1.

Located in one of the world’s premier mining jurisdictions, the Pilgangoora Operation has access to first-class supporting infrastructure, including roads and port, and is underpinned by strong environmental and safety regulations, and social standards.

Spodumene concentrate from our Pilgangoora Operation is shipped from Port Hedland, the world’s largest bulk export port, to leading lithium chemical converters primarily in China.

Growing production

Production at Pilgangoora has increased significantly since the first shipment in 2018, with nameplate capacity now at 680,000 tonnes of spodumene concentrate per annum.

A further expansion is currently underway in line with our strategy to unlock the full potential of the asset. The P1000 Expansion Project will take production capacity to up to one million tonnes per annum with first ore targeted for March Quarter 2025. Read more about our current and future potential expansion projects.

Exploration and geology

PLS has a consolidated position of tenure within the Pilgangoora pegmatite district and tenements within the Strelley, Tabba Tabba and Wodgina districts that together form part of one of the largest pegmatite provinces in the world.

In August 2023, we announced a 55 million tonne (Mt) increase in Ore Reserves to 214Mt, extending the mine life of Pilgangoora by approximately nine years.

We continue to undertake resource development drilling programs, targeting a new Mineral Resource in calendar year 2025. More information about current Mineral Resources and Ore Reserves can be found in the latest Annual Report.