Why invest
in PLS?

PLS is a leading global lithium producer built to deliver resilient value through the lithium cycle. Operating scale, balance sheet strength, disciplined capital allocation and diversification across assets and the value chain underpin long-term performance. Transparent market disclosure and a consistent strategic focus support sustainable shareholder value through market conditions.

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Performance at a glance

A$974M

Cash balance at FY25 year-end

Strong liquidity and balance sheet resilience through the cycle

755kt

FY25 spodumene concentrate production

Large-scale tier one production platform

~31

Year Pilgangoora mine life

long-life asset underpinning long-term value

7.1%

Reduction in scope 1 and 2 emissions (FY25)

Improving cost efficiency and sustainability performance

Our strategy

Operate

Pilgangoora Operation, the world’s largest independent hard rock lithium operation, provides a tier one platform with a long operating life and strong cost position. Financial strength and operating discipline support resilience through the lithium cycle.

Grow

A large-scale production platform supports disciplined expansion aligned with returns and balance sheet strength.

Chemicals

Participation in battery-grade lithium chemicals extends exposure across the value chain, supporting long-term value beyond upstream production.

Diversify

A globally diversified portfolio includes 100% owned upstream assets in Australia and Brazil and downstream exposure in South Korea, supported by a workforce of more than 1,000 employees and contractors.

Global footprint

A diversified global platform supports reliable lithium supply across key markets. Operating and development assets in Australia and Brazil, alongside downstream chemical exposure in South Korea, reflect the transition from a single-region producer to a globally positioned lithium business.

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Perth, Head Office

Our core focus

PLS is positioned to deliver resilient value through the lithium cycle by combining operating scale, financial strength, disciplined execution and diversification across assets and the value chain.

Asset quality and cost resilience

100% owned, tier one, long-life lithium assets provide strong cost positioning and flexibility to respond to market conditions.

Balance sheet strength and flexibility

Strong cash generation and disciplined financial management support resilience through market cycles and enable flexible capital deployment.

Proven execution and discipline

A demonstrated ability to operate at scale, manage costs and allocate capital in line with returns supports long-term value creation.

Value chain exposure

Strategic participation across the lithium value chain provides exposure beyond spodumene pricing, supported by downstream integration.

Who we are

PLS Group Limited is an ASX-listed, leading global producer of lithium materials positioned for long-term value creation. Lithium produced supports electrification, energy storage and modern technologies across global markets. Formerly Pilbara Minerals, the business has evolved from a single-asset producer into a diversified lithium platform with geographic and value-chain exposure.

About us
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What we do

Operate large-scale, tier one lithium assets

Pilgangoora Operation in Western Australia is the world’s largest independent hard rock lithium operation and sits at the core of the business. Operating scale, strong cost positioning and long asset life provide flexibility through market cycles.

Build a diversified lithium business

The Colina Project in Brazil provides longer-term growth optionality and geographic diversification. Downstream exposure through the P-PLS joint venture in South Korea extends participation across the value chain.

Support global energy and technology markets

Lithium is supplied into global markets that enable electrification, energy storage and modern technologies. A disciplined strategy supports long-term demand, operational flexibility and balance sheet resilience.

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The sustainable energy transition

Investment in lithium assets supports the global transition toward electrification, energy storage and advanced technologies. Sustainability is embedded across operations, risk management and capital allocation to support long-term asset viability and shareholder value.

Responsible resource management, environmental stewardship, safety, community engagement and strong governance underpin sustainable performance. Technology, innovation and transparent reporting support long-term participation in the global energy transition.

Sustainability overview

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