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PLS Surges on Strong Q2 Revenue and Reassesses Growth Amid Lithium Market Uptick

8:34am on Friday 30th of January, 2026 AEDT Mining
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PLS Surges on Strong Q2 Revenue and Reassesses Growth Amid Lithium Market Uptick

8:34am on Friday 30th of January, 2026 AEDT
Key Points
  • 49% revenue increase to A$373 million in December Quarter FY26
  • Production steady at 208kt, aligned with operational plans
  • Cash balance rises 12% to A$954 million, strengthening financial position
  • Lithium hydroxide facility in South Korea remains idled amid supply chain disruptions
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