<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1443483489296703&amp;ev=PageView&amp;noscript=1">

$207m Pilgangoora mine expansion Stage Two announced

Projects

pibara-minerals-pilgangoora-rcr-tomlinson.jpg
Posted by Monica Gameng

After conducting a pre-feasibility study, Pilbara Minerals has announced that expansion works on the Pilgangoora project - located near Port Hedland in Western Australia - could get underway as early as this year.

The $207 million stage two expansion will bring up the mine’s capacity from 2 million tonnes per annum (mtpa) – from the first stage of the project – to 5mtpa of ore, which will mean an output of approximately 800ktpa of lithium concentrate as well as 780,000 pounds of tantalite – a mineral that contains tantalum.

“The exponential growth which is occurring across the lithium-ion supply chain as the industry in China and elsewhere gears up for transformational growth to meet demand from the automotive and energy storage sectors is now becoming better understood.

“It was against this backdrop that we commenced the stage two expansion studies at Pilgangoora last year in parallel with construction of the stage one, 2mtpa project,” Pilbara Minerals’ Managing Director Ken Brinsden said.

The first stage of the project is currently under construction and commissioning of the mine is expected to commence by May 2018.

proposed-pilgangoora-expansion-stage-2.jpgSource: Pilbara Minerals

Pilbara Minerals is set to conduct a definitive feasibility study on the project, which is due in mid-2018. The final investment decision is due to be made by the September quarter of this year.

Construction on the second stage of the Pilgangoora project is expected to begin by the final quarter of 2018 and commissioning by the end of 2019.

“An expansion to 5mtpa was deemed to be the optimal production rate to unlock further value in the deposit and maximise the financial returns to shareholders.

“This decision has been fully vindicated by the pre-feasibility study results, which have shown a significant improvement in several key areas compared to the 2mtpa operation currently being constructed,” Mr Brinsden said.

Subscribe to the PlantMiner blog today to stay up to date with the latest Pilgangoora project updates as well as other industry news.

subscribe to plantminer's construction industry blog newsletter

Source: Business News WA, Australian Mining, Pilbara Minerals

Monica Gameng

Monica Gameng

As PlantMiner's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1000 posts. She truly is an industry expert. Monica's passion for educating and inspiring readers saw the PlantMiner blog recognised by Feedspot as one of the Best Australian Construction Blogs in 2018 and 2019. PlantMiner is Australia's largest online construction marketplace. Sign up as a vendor to find and engage with civil and commercial contractors across Australia. Alternatively, if you're looking for plant and equipment you can compare equipment and subcontractor quotes from vendors near you in just a few steps.