Pilbara Minerals

PLS was founded in 2013 by a group of five geologists who studied at university together. PLS’ history is fairly new and a short one in terms of Australian mining, and the Company is one of the first in Australian lithium sector and a major contributor to the global lithium supply chain.

From the first drill hole to production in less than four years, PLS’ Pilgangoora Operation has developed to become a major global supplier producing 11%1 of the world’s hard rock lithium.

1 Based on hard rock lithium supply in calendar year 2024 as estimated by Benchmark Mineral Intelligence in the Lithium Forecast Report Q2 2024.

Pilgangoora operation

PLS’ Pilgangoora Operation is located 140km from Port Hedland in Western Australia’s Pilbara region. The Pilgangoora ore body is one of the largest hard rock lithium deposits in the world.

While the Pilgangoora Operation delivers spodumene concentrate to market, PLS is pursuing a growth and diversification strategy to become a sustainable, low cost lithium producer and a fully integrated battery materials supplier in the future. A 13 MW / 8 MWh battery was installed in 2025 to supplement the 6 MW solar and 30 MW gas power generation.

Downstream lithium chemical facility

PLS has an 18% equity stake in a joint venture with South Korean company POSCO known as POSCO Pilbara Lithium Solutions (PPLS). In 2024, PPLS completed construction of a Lithium Hydroxide Chemical Facility in Gwangyang, South Korea.

PLS will supply spodumene concentrate to the facility from its Pilgangoora Operation in Western Australia under a long term offtake agreement.