Australia's Pacific Lime and Cement hits 2-week high on offtake deal with Newmont

Pacific Lime and Cement

16/02/2026 03:57

** Shares of Pacific Lime and Cement PLA.AX rise as much as 7% to A$0.305, marking their highest level since Feb 2

** Co wins gold-miner Newmont Corp NEM.N as customer with signing of a long-term quicklime offtake agreement

** No financials details of the deal mentioned

** About 298,953 shares change hands, 1.8x the 30-day average of 162,173

** Stock last up 3.5% while on a YTD-basis, it is down 4.8%

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))