Australia's PLS Group has signed a 20-year agreement with Fortescue to supply electricity to the Pilgangora lithium mine, Reuters reports. As part of the expansion, the company will invest approximately 150 million Australian dollars (105.42 million US dollars) in infrastructure upgrades from 2027 to 2029. The deal is expected to reduce operating costs by 15-20 Australian dollars per ton and reduce the facility's emissions by 80% by 2030.

Australia's PLS Group has signed a 20-year agreement with Fortescue to supply electricity to the Pilgangora lithium mine, Reuters reports. As part of the expansion, the company will invest approximately 150 million Australian dollars (105.42 million US dollars) in infrastructure upgrades from 2027 to 2029. The deal is expected to reduce operating costs by 15-20 Australian dollars per ton and reduce the facility's emissions by 80% by 2030.