Australia's PLS Group rises on upbeat FY27 guidance

Pls

30/07/2026 04:50

** Shares of PLS Group PLS.AX rise as much as 4.2% to A$4.27, on track for its best session since July 23
** Lithium miner sees FY27 production of 1,030 kt - 1,000 kt, higher than the FY26 production of 879.5 kt
** Also forecasts FY27 capital expenditure between A$620 million and A$685 million ($430.96 million and $476.14 million), twice of that recorded in FY26 of A$328 million
** Stock is up ~1% YTD
     
($1 = 1.4386 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))