PLS hits record as lithium rebound makes Pilgangoora leverage hard to ignore
PLS Group Limited closed at A$6.50 Tuesday, up 3.5%, after hitting a 52-week high of A$6.59 on heavy volume. The move tracked a 1.7% rise in Chinese lithium carbonate futures to 205,680 yuan a tonne, their highest since August 2023. Liontown and IGO also traded higher. PLS recently reported record quarterly spodumene output and lower unit costs.
