PLS reports record FY26 output of 879,500 t and guides 1.03-1.10 Mt for FY27 after Ngungaju restart

PLS (formerly Pilbara Minerals)/Pilgangoora lithium operation

PLS produced a record 879,500 tonnes of spodumene concentrate in FY26, up 17%, and revenue rose 152% to A$1.93B as lithium prices recovered. With the Ngungaju plant restarted, it guided FY27 output of 1.03-1.10 million tonnes, though the September quarter would be softer during the ramp-up.

• FY26 sales 891,600 t, up 17%.
• June quarter production 214,300 t.
• FY27 unit cost guidance A$575-625/t.
• Ngungaju expected at normal rates within about four months.