ASX News 2 March 2026 - 17 May 2026

PLS shares stay at A$6 after ASX slump, lithium traders look to Tuesday
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PLS shares stay at A$6 after ASX slump, lithium traders look to Tuesday

PLS Group Limited closed at A$6.00 on Monday, down 0.17%, with a market value near A$19.33 billion. The S&P/ASX 200 dropped 1.45% to a seven-week low after profit warnings from Brambles and Elders. PLS reported an 86% jump in third-quarter spodumene concentrate output in April. Lithium carbonate prices in China slipped 0.26% on May 18 but remain up 11% for the month.
May 18, 2026
PLS Group share price today: ASX lithium stock slips after touching 52-week high — what to watch next
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PLS Group share price today: ASX lithium stock slips after touching 52-week high — what to watch next

PLS Group shares closed down 0.8% at A$5.15 in Sydney after touching A$5.32 intraday. Investors are focused on lithium price trends and the planned July restart of the Ngungaju plant, which will add 200,000 tonnes of capacity. The company expects operating costs to stay near the top of guidance as restart spending rises. Lithium spot prices in China continued to climb on Monday.
March 2, 2026

Stock Market Today

  • Minrex Advances Gold Drilling Program in Serbia
    June 1, 2026, 8:42 PM EDT. Minrex Resources has accelerated its gold drilling campaign in Serbia, focusing on exploration to expand its resource base. The company aims to identify and quantify gold deposits, supporting potential mining operations. This strategic move comes amid rising interest in precious metals as investors seek safe-haven assets amid market volatility. Drilling results and resource updates are expected to impact Minrex's valuation and attract investor attention. The campaign reflects the company's commitment to advancing its projects and enhancing shareholder value through increased resource certainty and exploration success.