Hi Yashmidt, I liked your mention of P1250.For readers, If you...

Hi Yashmidt, I liked your mention of P1250.
For readers, If you go back to the Pilbara Minerals Presentation given in January 2019 by Dale Henderson in Shanghai you will find the company had plans for Stage 2 targeting 800-850Mtpa to be commissioned in Q1 2020.Stage 3 “under evaluation” raised this to 1.2Mtpa.
Altura (now Ngungaju) also had plans for a second line to double their existing spodumene production of 200-220Mtpa.
If both these plans for stage 2 had come to fruition, that would have meant total production of 1200-1290Mtpa.

Refer also to ASX / MEDIA ANNOUNCEMENT 26 March 2019 POSITIVE STAGE 3 SCOPING STUDY OUTCOMES SUPPORT PILGANGOORA’S LONG-TERM GROWTH TRAJECTORY
Extract (1)With an estimated incremental capital cost of A$225.83M (+/- 30%), the proposed Stage 3 project would see the Pilgangoora Project’s processing capacity expand to 7.5Mtpa. This would deliver an average of approximately 1.2Mtpa ~6% spodumene concentrate and ~1.1Mlbspa 30% tantalite.
Extract (2) The Stage 3 project would build off the current Stage 1 operation and the proposed Stage 2 project, through the construction of a parallel processing train. While the key process steps would remain unchanged, the build would involve the construction of an additional 2.5Mtpa crushing circuit to complement the combined Stage 1 and 2 circuits processing 5Mtpa. concentrate over an estimated 15-year LOM, based on the existing project Reserves. Stage 3 capital is in addition to the previously announced Stage 2 capital expenditure of A$231M.

Big plans for companies with little in the bank when Covid hit and we know what happened then. Now that we have money in the bank, my preference is for the company to concentrate on fulfilling the spod production plans before embarking further on downstream ventures. We should at least wait to see how the Posco JV fares.
Cantankerous James