PLS 5.41% $3.12 pilbara minerals limited

Bald Hill, Mt Marion have historically been low, 4% ish. They...

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    Bald Hill, Mt Marion have historically been low, 4% ish. They are working on the Mt Marion plant upgrades to improve this.
    I also note that Wodgina is running at approx 360ktpa rate. I think attributable amount is 50% of production with ALB getting the other 50%. The plant rating with all 3 streams running is 750kt so they are running at 50% of nameplate. Looks like Stream 2 is not fully ramped, they are holding back of there are other issues. Don’t know, anyone else know?

    Also note the Hydroxide facility conversion rate is 8.3. I assume that is Spod to Hydroxide conversion. If that is so then maybe low SC% or plant not optimised. Anyone know?
 
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