ASX:PLS 12 May 2026 - 7 June 2026

PLS drops as lithium rally stoked by China supply fears

PLS drops as lithium rally stoked by China supply fears

PLS Group Ltd. dropped Wednesday as a new round of selling hit Australian lithium stocks. Traders tracked news that China’s CATL cleared a major hurdle to restart a battery metals mine. PLS ended at A$4.70, off 3.29%. Core Lithium slid 12.1% and Liontown lost 4.25%. The S&P/ASX 200 was down 0.21% at 8,785.10. Timing is key here. PLS, which used to be Pilbara Minerals, stands out on the ASX as a straight lithium price play. But now the market is starting to ask if the latest run-up in battery metal prices has already tempted too much supply back onto the market.
July 8, 2026
PLS Stock Drops Ahead of ASX Open With Lithium Plant Tests Underway

PLS Stock Drops Ahead of ASX Open With Lithium Plant Tests Underway

PLS Group shares slid going into the ASX holiday stretch, despite the company's new processing plant in Western Australia. The lithium miner’s stock finished Friday at A$5.91, off 3.75% on the day, and down 8.51% for the week. Timing is key here. ASX cash equities won’t trade Monday for the King’s Birthday holiday, with regular hours from 09:59:45 to 16:00 Sydney time on other days. That means Tuesday is the next full shot for investors to trade on the plant news and price in the selloff.
June 7, 2026
Pilbara Minerals Slides as Lithium Rally Faces Supply Hurdle

Pilbara Minerals Slides as Lithium Rally Faces Supply Hurdle

PLS Group Limited finished Tuesday at A$5.92, falling 1.33%. The ASX lithium producer sits 8.92% under its 52-week high from May 12, after a steep recovery from last year’s low. The Australian Securities Exchange remained closed, with the next session set for Wednesday from 9:59 a.m. to 4 p.m. Sydney time. The pullback was notable since the rest of the market was stronger. The S&P/ASX 200 gained 1.17%—up 99.4 points to 8,604.70—on Tuesday, with Australian shares rebounding after Monday’s slide.
May 19, 2026
PLS shares stay at A$6 after ASX slump, lithium traders look to Tuesday

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

PLS Group Limited closed Monday at A$6.00, slipping 0.17% on the day after moving in a range from A$5.94 to A$6.10. The stock held steadier than Core Lithium and Liontown on the ASX. It finished below its A$6.59 52-week high, well above its A$1.07 low, putting the company’s market cap near A$19.33 billion. PLS is back in focus before Tuesday’s open. It isn’t just a lithium laggard story now. Investors want to see if the lithium rally can hold up while the broader Australian market struggles, not just if the company can move more ore.
May 18, 2026
PLS Group Stock Hits Record High as Lithium Rally Puts Pilgangoora Back in Focus

PLS Group Stock Hits Record High as Lithium Rally Puts Pilgangoora Back in Focus

PLS Group Limited shares slipped Wednesday after notching a new 52-week high earlier in the session. Still, the stock hovers close to all-time levels, with investors factoring in a stronger lithium recovery and the firm’s Pilgangoora mine in Western Australia. PLS finished at A$6.44 on May 13, slipping 0.92% for the day. Shares hit A$6.59 during the session—Google Finance calls that the 52-week high, with a market cap near A$20.74 billion.
May 14, 2026
PLS hits record as lithium rebound makes Pilgangoora leverage hard to ignore

PLS hits record as lithium rebound makes Pilgangoora leverage hard to ignore

PLS Group Limited, which trades on the ASX and was previously Pilbara Minerals, finished Tuesday’s session at A$6.50—22 cents higher. Shares touched A$6.59 intraday, matching their 52-week high per Google Finance data, before slipping back by the close. The ASX has closed at the dateline; these figures reflect the most recent cash-session. The answer jumped out on the commodities screen. Chinese lithium carbonate futures gained 1.7% early, hitting 205,680 yuan a tonne. That puts prices up roughly 9% over five weeks, the highest since August 2023. For PLS, this is key. Their main product? Spodumene concentrate — crushed rock loaded with lithium, which gets turned into battery chemicals.
May 12, 2026