Theia

Article

PLS Group Reports 73% Revenue Increase in Q2; Considers Restart of Ngungaju Lithium Plant

STRATEGIC MINERALS

PLS Group, an Australian lithium producer, reported a 73% increase in second-quarter revenue to A$373 million, driven by rising lithium demand and prices, which reached $1,161 per tonne. The company is considering restarting its Ngungaju lithium plant within four months, contingent on strong offtake interest, while maintaining its full-year forecasts despite rising unit operating costs.

PLS Group Reports 73% Revenue Increase in Q2; Considers Restart of Ngungaju Lithium Plant
Jan 31, 2026, 6:06 AM

No comments yet. Be the first to share your thoughts!