PLS reports 31% rise in contained lithium oxide in Pilgangoora Ore Reserve
PLS said on 15 October that Pilgangoora’s Ore Reserve had reached 249.2 million tonnes. At a grade of 1.24% lithium oxide, this represents about 3.1 million tonnes of contained lithium oxide; contained lithium oxide increased 31% against the previous reserve estimate.
Event / data period: 2026-10-15
Published: · Updated:
The reserve update followed the P2000 feasibility study and a separate pre-feasibility study on potential underground mining. The open-pit reserve supports about 20 years of production under the P2000 plan, extending to more than 25 years if underground mining is included.
The reserve includes a maiden underground component of 46.5 million tonnes at 1.50% lithium oxide. PLS is progressing a feasibility study of the underground option; any underground development would require a separate investment decision.
Data
PLS reports 31% rise in contained lithium oxide in Pilgangoora Ore Reserve
- · Occurred
Pilgangoora Ore Reserve updated
PLS said on 15 October that Pilgangoora’s Ore Reserve had reached 249.2 million tonnes. At a grade of 1.24% lithium oxide, this represents about 3.1 million tonnes of contained lithium oxide; contained lithium oxide increased 31% against the previous reserve estimate.
Methodology
Event and scope as stated in the official release.
Updated:
Pilgangoora Ore Reserve
Total and underground Ore Reserve as reported by PLS.
| Total Ore Reserve | 249.2 |
| Underground Ore Reserve | 46.5 |
Methodology
Figures are transcribed with the scope and qualifiers stated by the source. No conversion or independent forecast has been made.
Updated:
Lithium oxide grade in Ore Reserve
Reserve grades are transcribed from PLS’s 15 October update.
| Total reserve grade | 1.24 |
| Underground reserve grade | 1.5 |
Methodology
Figures are transcribed with the scope and qualifiers stated by the source. No conversion or independent forecast has been made.
Updated:
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