Lithium mine expansion could rival global leader
PLS Pilgangoora announces it will expand its lithium operation in WA's Pilbara, potentially rivalling the biggest lithium producer in the world.
A WA-based lithium company, PLS Group Limited, has announced a $1.2 billion expansion to its Pilgangoora lithium mine, potentially making it the world's largest spodumene miner. Despite a sharp fall in the global lithium price since May, demand remains robust. The company will invest $1.9 billion in the project, which includes a new processing facility, Jimmagunya, and will deliver 1,500 new jobs once complete.
PLS has also committed $600 million in infrastructure investment over three years, including road upgrades, a workers' village, and a mine services facility. The expansion is expected to increase spodumene concentrate production to 2 million tonnes per annum by 2029, rivaling Talison Lithium's Greenbushes mine. Mining analyst Peter Strachan noted that despite strong electric vehicle demand driving lithium demand, falling commodity prices have affected the market.
The WA government welcomed the news, stating the expansion will generate 1,000 jobs during construction and 500 ongoing roles, reinforcing the region's position as a global critical minerals powerhouse.
Written by urgent.news from ABC News AU's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
