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PLS Eyes Ngungaju Plant Restart Amid Strong Q2 Lithium Results

8:33am on Friday 30th of January, 2026 AEDT Mining
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PLS Eyes Ngungaju Plant Restart Amid Strong Q2 Lithium Results

8:33am on Friday 30th of January, 2026 AEDT
Key Points
  • December quarter spodumene sales up 8% to 232kt at US$1,161/t
  • Revenue surged 49% to A$373 million driven by pricing and volume
  • Unit operating costs rose 8% FOB to A$585/t due to lower production
  • Ngungaju plant restart under review with Board decision expected March
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