PLS approves A$1.9 billion Pilgangoora expansion
PLS Group approved a final investment decision for its P2000 Project in Western Australia, committing about A$1.9 billion ($1.31 billion) to increase spodumene concentrate production capacity.
PLS Group (ASX:PLS) said Friday it had approved a final investment decision for the P2000 Project at its Pilgangoora Operation in Western Australia. The company is committing about A$1.9 billion ($1.31 billion) to increase spodumene concentrate production capacity. The conversion rate provided was $1 = 1.4449 Australian dollars.