CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

PLS Group Signs Long-Term Power Agreement With FMG Clean Energy

By Reuters News

Oct 28 (Reuters) - PLS Group Ltd PLS.AX:

  • PLS SIGNS LONG TERM POWER AGREEMENT

  • EXECUTES 20-YEAR POWER PURCHASE AGREEMENT WITH FMG CLEAN ENERGY

  • AGREEMENT PROVIDES MINIMUM SUPPLY OF 325 GWH PER ANNUM TO PILGANGOORA

  • EXPECTED REDUCTION IN UNIT OPERATING COSTS OF A$15–A$20 PER TONNE

  • CAPITAL INVESTMENT OF A$150 MILLION FOR TRANSMISSION AND INFRASTRUCTURE UPGRADES FY27–FY29


Further company coverage: PLS.AX

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk