PLS 3.48% $3.27 pilbara minerals limited

Ann: Final Investment Decision for Mid-Stream Demonstration Plant, page-27

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,851 Posts.
    lightbulb Created with Sketch. 4137
    It isn't just a demonstration plant. It's a full sized commercial kiln that will stay in place at the plant if successful with additional replicated modules being added on to increase capacity. Obviously the initial module with design engineering, commissioning and contingency will cost. Further capacity should be much cheaper to add.

    I'm excited. 2 years before first salt. Of course we all want it quicker but it's new technology so it will take time. Looks like it could be 2027-28 before a full scale ramped up midstream operation is likely.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.