PLS Group Ltd

PLS: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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PLS Production to Increase as Mine Expansion Project Gets Greenlight From Board

Esther Holloway

Oct 19, 2026

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, with a third, Jimmagunya, to begin production from 2029. These produce a spodumene concentrate, while Pilgan also produces tantalite, a byproduct of this process.

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PLS Group Ltd

PLS Production to Increase as Mine Expansion Project Gets Greenlight From Board

Business Strategy and Outlook

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