PLS Group Ltd
PLS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Ml | LOCK|^f^& | LOCK|l&>!Zls |
PLS: New Processing Plant Approved, With Higher Production Expected From 2029
PLS is to almost double spodumene production from fiscal 2026 levels to an average of about 2 million metric tons per year over 10 years, with first production from 2029. The new plant, Jimmagunya, is a brownfield expansion at its Pilgangoora operations in Western Australia.
