PLS 0.93% $3.26 pilbara minerals limited

BOARD APPROVES P1000 PROJECT TO INCREASE PILGANGOORA PRODUCTION...

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    BOARD APPROVES P1000 PROJECT TO INCREASE PILGANGOORA PRODUCTION
    CAPACITY TO ~1MTPA
    DOWNSTREAM PARTNERING AND OFFTAKE OPPORTUNITIES BEING CONSIDERED
    FOR UNCOMMITTED PRODUCTION
    KEY POINTS
    • Final Investment Decision (FID) made to increase the nameplate production
    capacity of the Pilgangoora Project by ~47% from ~680,000 tpa to ~1,000,000 tpa "1" of
    spodumene concentrate (P1000 Project).

    1 Is from 680,000-1,000,000 tpa "1"

    1 Based on 5.7% concentrate grade. Ultimate production achieved in any year will depend on the
    concentrate grade and mined grade and is variable over the mine plan.
 
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