PLS Group (ASX: PLS) — Company Overview, News & Financial Data
Pilbara Minerals is a leading lithium producer with a 100% stake in the Pilgangoora Lithium Project in Western Australia.
PLS Group
PLS Group Limited (PLS, formerly Pilbara Minerals Limited) is an Australian lithium exploration and mining company focused on the development of hard-rock lithium resources. The company operates the 100%-owned Pilgangoora hard-rock lithium-tantalite operation located in the Pilbara region of Western Australia. Pilgangoora is recognized as one of the world's largest hard-rock spodumene deposits, producing both spodumene concentrate and tantalite concentrate for global supply chains. Additionally, the business participates in downstream lithium processing through joint ventures, including a refining facility in South Korea, to produce battery-grade lithium hydroxide for the electric vehicle and energy storage sectors.
Snapshot
Operations
Products and/or services of PLS Group
- Spodumene Concentrate Production: Operational extraction and processing of hard-rock lithium ore at the Pilgangoora deposit in Western Australia, producing high-grade spodumene concentrate supplied to international manufacturers for conversion into lithium chemicals used in lithium-ion batteries.
- Tantalite Concentrate Extraction: Secondary mineral recovery from the Pilgangoora processing circuits, yielding tantalite concentrate as a valuable byproduct for export to global metallurgical refiners serving the electronics, superalloy, and industrial manufacturing markets.
- Capacity Expansion Projects: Engineering and expansion initiatives at the primary Western Australian operation, including processing plant optimizations and throughput upgrades designed to raise annual spodumene concentrate production capacity toward target operating rates of one million tonnes.
- Downstream Chemical Processing: Joint venture equity participation in downstream lithium hydroxide conversion facilities, such as the Gwangyang hydroxide plant in South Korea built in partnership with POSCO to supply battery-grade lithium chemicals directly.
- Midstream Technology Processing: Research and commercial demonstration of value-add midstream processing technology aimed at producing a higher-value, enriched lithium chemical product onsite, reducing transportation freight carbon intensity and improving overall supply chain efficiency.
- Resource Exploration Tenements: Geotechnical exploration, brownfield extension drilling, and reserve definition across contiguous mineral holdings in the Pilbara region of Western Australia, supporting long-term mine life extensions and potential hard-rock resource expansion.
PLS Group executive team
- Dale Robert HendersonMD, CEO & Executive Director
- Alex WillcocksChief Financial Officer
- Brett McFadgenChief Operating Officer
- James FullerManager of IR
- Sandra McInnesChief People & Sustainability Officer
- John StanningChief Development Officer
- Danielle WebberCompany Secretary
Latest news about PLS Group
PLS proposes $700M senior notes offering
AustraliaPLS Group commits to $2.5B lithium expansion
AustraliaPLS Group records $1.93B full-year revenue
AustraliaPLS posts $743M revenue on higher quarterly sales
AustraliaHow shifting commodity demand is resetting Australian corporate earnings
AustraliaAustralia's PLS Group approves $175M for P2000 Project
Australia
Recent announcements
What PLS Group (PLS) has told the market, newest first.
- Notification regarding unquoted securities - PLS
- Notification regarding unquoted securities - PLS
- Change in substantial holding
- PLS approves Pre-FID capital expenditure for P2000 ProjectPrice sensitive
- Notification regarding unquoted securities - PLS
Dividend history
Dividends per share paid by PLS Group, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | A$0.0500 | — | — | A$0.0500 |
| FY2024 | A$0.1400 | — | — | A$0.1400 |
| FY2023 | — | A$0.1100 | — | A$0.1100 |
Key financials
Reported results for PLS Group, in AUD.
- Market cap
- 8.5B
- Revenue (TTM)
- 1.9B
- P/E ratio
- 16.5
- EPS (diluted, TTM)
- 0.2
- Dividend yield
- 1.8%
- Profit margin
- 27.2%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 1.9B | 834.8M | 525.8M | |
| 890.2M | -22.4M | -195.8M | |
| 1.3B | 396.3M | 256.9M | |
| 4.1B | 3.2B | 2.4B |