PLS Share Price Slips as Lithium Miner Flags July Ngungaju Restart, Reshapes Calix Mid-Stream Deal

PLS share price slips as lithium miner flags July Ngungaju restart, reshapes Calix mid-stream deal

PLS Group shares fell 0.9% to A$4.38 after reporting a first-half net profit of A$33 million and no interim dividend. The company will restart its Ngungaju plant in July and buy Calix’s stake in their mid-stream demo plant JV for A$11.4 million. Revenue reached A$624 million, with unit costs down 8% to A$563 a tonne. The post PLS share price slips as lithium miner flags July Ngungaju restart, reshapes Calix mid-stream deal appeared first on Tech…

PLS ignites Ngungaju plant comeback as lithium rebounds

PLS chief executive officer Dale Henderson. Image: PLS Pilbara Minerals (PLS) has pulled the trigger on the restart of its Ngungaju processing plant, moving to capitalise on strengthening lithium market conditions and renewed customer demand. The company has approved the restart of the 200,000 tonnes per annum Ngungaju plant, with production scheduled to resume in early July 2026 following completion of readiness and evaluation activities, inclu…