Pilbara Minerals support Pilgangoora expansion

Company News

by Rachael Jones

Lithium developer Pilbara Minerals (ASX:PLS) has released results for their Definitive Feasibility Study for stage 2 of its 100 per cent-owned Pilgangoora Lithium-Tantalum project.

The report has unlocked significant additional value with exceptional results.

There is also the significant potential for increased Ore Reserves.

The DFS delivered a slight increase in capital costs from $207 million to $231 million but there is potential for expansion of the plant over time.

Shares in Pilbara Minerals (ASX:PLS) closed 4.52 per cent lower to $0.85 yesterday.
 

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