PLS Group

PLS Group reports a 73% increase in revenue for the December quarter to A$373m and an average lithium price of US$1,161/t (up 50% quarter-on-quarter). Production was 208,000 t of spodumene concentrate, above last year but below analyst consensus. PLS is evaluating restarting the Ngungaju plant within four months due to strong customer demand; a decision is expected next quarter. Operating FOB unit costs rose sequentially by 8% to A$585/t, and the full-year targets for all metrics remain unchanged. » More on de.investing.com

PLS Group reports a 49% revenue increase in the December quarter to A$373 million, driven by higher spodumene prices and an 8% increase in sales volume. Liquidity improved to A$954 million, operating cash margin rose to A$166 million, and half-year revenues climbed 47% to A$624 million. The company is considering recommissioning the Ngungaju plant and is advancing expansion projects, while maintaining a positive outlook for the lithium market. » More on de.investing.com

Rising global lithium demand and tightening supply are set to boost Australian hard‑rock producers, with export earnings forecast to climb through FY27. Pilbara Minerals stands out for scale and operational leverage after record Q1 FY26 output and a 10.9% fall in unit costs, while keeping the Ngungaju plant on care and maintenance to manage supply. The sector outlook points to FY26 as a turning point where disciplined, low‑cost producers capture margin upside amid price recovery and policy shifts encouraging non‑Chinese downstream processing. » More on new.smallcaps.com.au

Pilbara Minerals reported revenue of $251 million for Q1 of fiscal 2026, up 30% from the previous quarter. The company reduced FOB operating costs per tonne by 13% and achieved a realised price of $742/tonne (+24%), which improved margins. The stock rose 5.07% to $3.11 and is approaching the 52-week high of $3.27. Pilbara has $852 million in cash (total liquidity $1.5 billion) and continues to focus on cost reduction, operational efficiency, the P2000 feasibility study and potential downstream integration. » More on de.investing.com

Reports that CATL’s Jianxiawo mine has been temporarily suspended triggered a sharp spike in spodumene prices and a rally in lithium miners such as Pilbara Minerals and IGO, but banks warn the supply disruption may be muted and equities could quickly reverse. Analysts from UBS, Citi and Macquarie say current miner valuations appear to price in much higher metal prices and that market sentiment, not fundamentals, is driving recent gains. The article highlights the risk that Chinese regulatory actions and macro sentiment could cause a quick correction if production disruptions are smaller or shorter than feared. » More on forbes.com