PLS Share Price Slides 11% in Three Sessions—Here’s What’s Driving the Selloff
PLS Group shares fell 1.1% to A$5.47 Tuesday, extending a three-day slide to 11.3%, after the lithium miner approved A$175 million in pre-FID spending on its Pilgangoora P2000 expansion. The project could double output by 2029 but remains subject to a final investment decision. Lithium peers Core Lithium and Liontown also dropped. The S&P/ASX 200 closed down 0.33% as a stronger dollar pressured materials stocks.