PLS Group Ltd

PLS: XASX (AUS)

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PLS: Strong Production Volumes Offset by Weaker Prices

Esther Holloway , Alex Anderson

Oct 28, 2026

PLS' first-quarter 2027 production grew 25% as Ngungaju restarted, but shipment delays and a lower lithium price resulted in revenue falling by 24% to AUD 563 million. Unit costs fell, alongside the miner signing a 20-year energy agreement with Fortescue, which it expects to lower costs for P2000.

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PLS Group Ltd

PLS: Strong Production Volumes Offset by Weaker Prices

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