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PLS Posts Record Lithium Output and Boosts Cash with US$600M Bond Deal
8:24am on Friday 24th of April, 2026 AEST
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Mining
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PLS Posts Record Lithium Output and Boosts Cash with US$600M Bond Deal
8:24am on Friday 24th of April, 2026 AEST
Key Points
Record quarterly spodumene production of 232.4kt, up 12%
Average realised lithium price jumped 61% to US$1,867/t CIF China
Revenue surged 52% to A$567 million, cash margin from operations up 178%
Completed US$600 million senior unsecured notes offering to refinance debt
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