PLS approves A$1.9 billion P2000 lithium expansion
On 15 October, PLS made a final investment decision on its A$1.9 billion P2000 project at Pilgangoora in Western Australia. A new Jimmagunya processing plant is intended to raise spodumene-concentrate production capacity to about 2 million tonnes a year.
Event / data period: 2026-10-15
Published: · Updated:
The company targets first production in the September quarter of 2029. Construction is expected to take about two and a half years, followed by an approximately six-month ramp-up after first production.
The project is expected to make about 67 million tonnes of material previously classified as waste economically recoverable as ore. It is expected to create more than 1,000 construction jobs and around 500 ongoing operational roles. Underground mining would require a separate investment decision.
Data
PLS approves A$1.9 billion P2000 lithium expansion
- · Occurred
PLS takes final investment decision
On 15 October, PLS made a final investment decision on its A$1.9 billion P2000 project at Pilgangoora in Western Australia. A new Jimmagunya processing plant is intended to raise spodumene-concentrate production capacity to about 2 million tonnes a year.
Methodology
Event and scope as stated in the official release.
Updated:
P2000 project investment
Project investment approved by PLS.
| Approved investment | 1.9 |
Methodology
Figures are transcribed with the scope and qualifiers stated by the source. No conversion or independent forecast has been made.
Updated:
Planned concentrate production capacity
Approximate annual capacity for spodumene concentrate.
| Annual spodumene concentrate capacity | 2 |
Methodology
Figures are transcribed with the scope and qualifiers stated by the source. No conversion or independent forecast has been made.
Updated:
Subjects and places
Subject proposals
- Business enterpriseSuggested
- Preserved editorial category/topic; broad candidate onlywww.pls.com ↗
- Metal and mineral mining and refiningSuggested
- Subject suggested from the title or summary: lithium expansionwww.pls.com ↗
Geographic references
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- Australia · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.pls.com ↗