PLS Stock Drops Ahead of ASX Open With Lithium Plant Tests Underway
Pilbara Minerals shares fell 3.75% Friday to A$5.91, closing the week down 8.51%. The drop came as the company launched its Pilgangoora mid-stream lithium facility, with first product expected in the September quarter. ASX cash trading will be closed Monday for the King’s Birthday holiday. About 36.2 million PLS shares traded Friday.