About Pilbara Minerals (ASX: PLS)
PLS Group Limited is an Australian mineral resources company focused on the exploration, development, and operation of lithium assets. The company's primary asset is the Pilgangoora project, a wholly owned operation situated in the Pilbara region of Western Australia, which anchors its position as a dedicated lithium producer within the domestic resources sector.
Formerly known as Pilbara Minerals Limited, the company adopted its current name in November 2025 following a rebranding that reflected its broader corporate identity. Incorporated in 2005, PLS Group Limited has grown from an exploration-stage entity into an operating minerals business with a concentrated focus on lithium, a commodity central to battery technology supply chains. The company is headquartered in West Perth, Australia.
MFAM Research
- [BUY] Pilbara Minerals (ASX: PLS) – Reasonably Priced In Context of What’s In StoreJune 7, 2023Today we’ll look at why we think Pilbara Minerals shares (ASX:PLS) A$2.75 ▼ -8.03% has good upside potential in our PLS share price forecast and analysis. Pilbara Minerals Ltd (ASX: PLS) is one of the largest pure-play lithium producers with roughly 8% of global production. After a fabulous acquisition of Altura Mining, the company currently […]
A rules-based approach to leveraged ETFs
See how our quantitative strategy works and who it suits.
Explore the strategyBecome an authorised representative
Advise your clients under an established AFSL without building your own. Choose AR or CAR.
Become an AR or CARLatest Announcements
- PLS Group (ASX: PLS) – PLS September Quarter FY27 ActivitiesOctober 28, 2026PLS Group Limited has approved the Final Investment Decision for its P2000 expansion project, moving forward with a A$1.9 billion capital investment that will increase annual production capacity from approximately 1,270 kilotonnes to 2 million tonnes per annum at Pilgangoora. The company forecasts the project will deliver an incremental net present value of A$2.7 billion […]
- PLS Group (ASX: PLS) – Q3 2026 Quarterly Activities ReportOctober 28, 2026PLS has taken a Final Investment Decision to invest A$1.9 billion in the P2000 Project, approving a doubling of Pilgangoora’s production capacity to approximately 2 million tonnes per annum of spodumene concentrate with first ore expected in September 2029. The project is forecast to deliver an incremental post-tax NPV of A$2.7 billion at an 8 […]
- PLS Group (ASX: PLS) – PLS secures long-term power agreementOctober 28, 2026PLS Group Limited has signed a 20-year power purchase agreement with Fortescue’s Clean Energy subsidiary to supply a committed minimum of 325 GWh per annum to its Pilgangoora operation, with supply targeted to commence in calendar year 2029. The agreement represents a significant reorientation of how PLS will power its world-class lithium mine and carries […]
- PLS Group (ASX: PLS) – PLS Prices US$700M Senior Unsecured NotesOctober 21, 2026PLS Group Limited has announced the pricing of a US$700 million Senior Unsecured Notes offering, marking a significant capital raise for the lithium producer. The notes carry an 8.00% coupon and mature in 2032, with settlement expected to occur on 23 October 2026. This offering provides PLS with additional financial flexibility to pursue capital expenditure […]
- PLS Group (ASX: PLS) – Pilgangoora 45 Advances to Next PhaseOctober 16, 2026Pilbara Minerals has approved the P2000 expansion project for Pilgangoora, committing A$1.9 billion in capital expenditure to increase production capacity to approximately 2 million tonnes per annum at steady state. The project targets an incremental post-tax net present value of A$2.7 billion and an internal rate of return of 29.5 percent, both measured against management’s […]
- PLS Group (ASX: PLS) – Enhanced Infrastructure Strengthens Pilgangoora OperationsOctober 16, 2026PLS Group has committed to spending between A$600-650 million over three financial years to upgrade infrastructure at its Pilgangoora lithium operation. The scale and permanence of this investment reflect management’s confidence that the operation merits substantial long-term capital allocation. The program simultaneously prepares the facility to handle increased throughput from the planned P2000 expansion project, […]
- PLS Group (ASX: PLS) – PLS approves P2000 expansion to 2MtpaOctober 16, 2026PLS Group Limited has approved the P2000 Project at its Pilgangoora operation, committing approximately A$1.9 billion in capital to expand spodumene concentrate production to around 2 million tonnes per annum by September 2029. The project generates an incremental post-tax net present value of A$2.7 billion and internal rate of return of 29.5 percent based on […]
- PLS Group (ASX: PLS) – Pilgangoora Ore Reserve Up 31 PercentOctober 16, 2026PLS Group’s updated Ore Reserve for Pilgangoora represents a material strengthening of the operation’s long-term production base. The company announced a 31% increase in contained lithium at the asset, bringing total lithium content to 3.1 million tonnes of Li2O. The Ore Reserve itself reached 249.2 million tonnes at 1.24% Li2O, representing a 23% increase in […]
- PLS Group (ASX: PLS) – PLS Files FY26 Full Year ResultsAugust 24, 2026PLS Group delivered a dramatic financial turnaround in FY26, posting net profit after tax of $526 million compared to a net loss in FY25, a swing driven equally by operational execution and commodity price recovery. Revenue reached $1,934 million with underlying EBITDA of $1,137 million, representing increases of 152 percent and 1,067 percent respectively year […]
- PLS Group (ASX: PLS) – PLS Group FY26 Full Year ResultsAugust 24, 2026PLS Group Limited has delivered what the company describes as a record year, with revenue reaching $1,934 million, representing a 152 percent increase from the prior corresponding period as the lithium market recovery gathered momentum. The company’s shift from defensive positioning to a growth focus, triggered by sustained improvements in commodity pricing and market sentiment, […]
- PLS Group (ASX: PLS) – PLS Files 2026 Annual ReportAugust 24, 2026PLS Group Limited has delivered a striking turnaround in its FY26 financial results, swinging from a net loss of $195.8 million in FY25 to a net profit of $525.8 million in FY26. This 369 percent improvement represents one of the most dramatic transformations in the company’s recent history and reflects both operational progress and the […]
- PLS Group (ASX: PLS) – June Quarter FY26 Activities ReportJuly 30, 2026PLS Group demonstrated resilient operational performance in its June Quarter FY26 activities update, delivering record annual production and sales that significantly exceeded market expectations. The company produced 880,000 tonnes for the full year, surpassing the top end of its 820-870 kilotonne guidance range, with the June quarter alone recording 249.9 kilotonne sales at an average […]
- PLS Group (ASX: PLS) – June 2026 Quarterly Activities ReportJuly 30, 2026PLS Group Limited delivered record annual production and sales in FY26, with both metrics increasing 17 percent on the prior year, while the June Quarter itself proved solid operationally despite seasonal headwinds. The June Quarter generated revenue of $743 million, up 31 percent compared to the March Quarter, supported by 214.3 kilotonne production and a […]
- PLS Group (ASX: PLS) – PLS approves P2000 Project 3 spendingJune 19, 2026PLS Group Limited has approved approximately $175 million in pre-final investment decision (pre-FID) capital expenditure for the P2000 Project at its Pilgangoora Operation, signaling strong conviction in the long-term lithium market outlook. This capital commitment positions the company to pursue a formal investment decision in the December Quarter 2026, with the potential to achieve first […]
- PLS Group (ASX: PLS) – PLS March Quarter FY26 ActivitiesApril 24, 2026PLS Group’s March quarter results demonstrate the company has successfully navigated the lithium market cycle, delivering strong operational performance supported by favorable pricing dynamics and improved cost management. The company produced 232.4 kilotones of spodumene concentrate during the quarter, generating $567 million in group revenue with an average realized sales price of US$1,867 per tonne […]
- PLS Group (ASX: PLS) – March 2026 Quarterly Activities ReportApril 24, 2026PLS Group delivered a standout quarter that rewarded patient investors with record production of 232.4 thousand tonnes paired with a 61 percent surge in realised prices to US$1,867 per tonne. The combination created a powerful earnings moment, with March quarter revenue jumping 52 percent to A$567 million and cash margin from operations soaring 178 percent […]
- PLS Group (ASX: PLS) – PLS Raises $600M Through Senior NotesApril 16, 2026PLS Group Limited has successfully priced a US$600 million offering of senior unsecured notes due 2031, with an interest rate of 6.875% per annum. The company increased the aggregate principal amount from the initially announced US$500 million, signalling strong demand from institutional investors for the debt offering. Settlement is expected to occur in New York […]
Financial Summary
Price History
Related Stocks
| Same Industry — Basic Materials | Same Sub-Industry — Other Industrial Metals & Mining |
|---|---|