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    PLS appoints new CFO: implications for Pilgangoora lithium project finance

    December 1, 2025|

    Reviewed by Tom Sullivan

    PLS appoints new CFO: implications for Pilgangoora lithium project finance

    First reported on Australian Mining Review – News

    30 Second Briefing

    Pilbara Minerals (ASX: PLS), owner of the Pilgangoora hard rock lithium operation in Western Australia and the Colina project in Brazil, has appointed Alex Wilcocks as its new chief financial officer following a global search. Wilcocks brings more than 20 years’ experience and joins from Wesfarmers Chemicals, Energy & Fertilisers, where she was CFO and held governance roles over the Covalent Lithium integrated mining and chemical conversion joint venture. Interim CFO Flavio Garofalo will retain senior finance responsibilities, with Wilcocks to commence on 25 May 2026.

    Technical Brief

    • New CFO selection followed a “comprehensive” domestic and international search process for candidates.
    • Wesfarmers Chemicals, Energy & Fertilisers background brings exposure to integrated lithium mining plus chemical conversion value chains.
    • Interim CFO Flavio Garofalo retains leadership of “key finance workstreams”, ensuring continuity across project funding and reporting.
    • For multi-asset lithium operators, CFOs with chemicals and conversion experience are increasingly central to downstream integration decisions.

    Our Take

    In our database, PLS and its Pilgangoora lithium operation feature in multiple recent expansion pieces, signalling that a CFO with more than 20 years’ experience is stepping into a business already committed to capacity growth rather than early-stage development risk.

    The combination of Australian production at Pilgangoora and the Brazil-based Colina project gives PLS a two-continent lithium footprint, which can help smooth jurisdictional and cost risk as spodumene and downstream pricing remain volatile.

    With Wesfarmers Chemicals, Energy & Fertilisers and Covalent Lithium also active in Australian lithium, PLS’ senior finance refresh positions it to compete more aggressively for capital and offtake in what our coverage shows is one of the most frequently reported commodities in the Mining category.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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