PLS Backs Lithium's Long Game with $175m Investment

PLS eager for huge expansion of WA lithium mine

Lithium major PLS will spend $175 million to lay the groundwork for an expansion of its flagship Pilbara mine amid renewed hype for the battery metal.

Pilbara lithium miner PLS greenlights $175m pre-expansion spend

Pilbara lithium miner PLS is paving the way for an expansion of its Pilgangoora operation to 2 million tonnes per annum, after greenlighting a $175 million pre-FID spend.

PLS Group approves $175M pre-FID capital expenditure for P2000 expansion

Pre-FID capital expenditure for P2000 approved Potential to represent the next major phase of growth at Pilgangoora Allows company to expedite major lithium expansion project Australia lithium mining powerhouse PLS Group (ASX:PLS) has given the green-light to invest into the next stage of the large P2000 project at its 100% owned Pilgangoora operation in Western Australia. Listen to the HotCopper podcast for in-depth discussions and insights on …

PLS shares tumble as the lithium giant reveals its next big move

Despite surging more than 360% in just 12 months, PLS Group Ltd (ASX: PLS) shares are in the red on Friday. At the time of writing, the PLS share price is down 4.21% to $5.91. By comparison, the S&P/ASX 200 Index (ASX: XJO) is 0.80% lower at 8,838 points. The latest fall follows a new update on one of the lithium miner's key growth projects. Today's move comes after such a huge run, with the stock still up around 40% since the start of 2026. So…

PLS backs lithium's long game with $175m investment

PLS is positioning Pilgangoora for its next phase of growth, investing early to meet future lithium demand. Image: Izzat/stock.adobe.comPLS is backing lithium’s long-term future, committing $175 million in early spending to ensure a major expansion of its Pilgangoora operation in Western Australia is ready to move when the time is right. The proposed P2000 Project (P2000) would lift Pilgangoora’s spodumene concentrate production capacity to abou…