Construction of the lithium Mid-Stream Demonstration Plant Project developed in a joint venture with PLS was 80% complete by the end of FY25. The Calix electric calciner tower has been erected and the calciner tube installed.

The project aims to:
- Demonstrate lower CAPEX & OPEX for spodumene processing with electric calcination
- Create a concentrated & low-carbon lithium product at the mine site
- Demonstrate the ability to simplify supply chains and unlock logistically challenging ore deposits
The project remains on budget, with construction completion targeted for the December 2025 quarter. The project is supported by a $15m grant from the Western Australian Government and a $20m grant from the Australian Government Department of Industry, Science and Resources.



