PLS Group Ltd
PLS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^.^ | LOCK|@Y^nJ | LOCK|j<@$dF |
PLS Nudges Closer to Mine Expansion With Prefeasibility Capex Approved
Business Strategy and Outlook
PLS' primary asset is the Pilgangoora mine, the world’s second-largest hard rock lithium operation. Pilgangoora consists of two operating plants, Pilgan and Ngungaju. Both produce a spodumene concentrate, while Pilgan also produces tantalite, a byproduct of this process.
