PLS's Output, Pricing Underpins Positive Outlook -- Market Talk

Dow Jones

Apr 27

2258 GMT - Jefferies raises its price target for PLS Group by 12% to A$6.70/share after the miner beat expectations in 3Q. PLS dug up a record 232,400 tons of spodumene concentrate in 3Q. PLS doesn't expect any material disruption to operations from the Middle East conflict or impact on FY 2026 guidance. "A very strong quarter of production relative to our and consensus forecasts coupled with resilient pricing through 2026 underpins a positive outlook," analyst Mitch Ryan says. Shipped volumes of 195,000 tons were largely in line with Jefferies's expectations, despite the closure of Port Hedland for part of March due to cyclonic activity. "Alternatively, the 36,000 ton inventory build should be unwound into an increasingly resilient 4Q26 price environment," Jefferies says. PLS ended last week at A$5.77. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

April 26, 2026 18:58 ET (22:58 GMT)

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PLS dug up a record 232,400 tons of spodumene concentrate in 3Q. PLS doesn't expect any material disruption to operations from the Middle East conflict or impact on FY 2026 guidance. \"A very strong quarter of production relative to our and consensus forecasts coupled with resilient pricing through 2026 underpins a positive outlook,\" analyst Mitch Ryan says. Shipped volumes of 195,000 tons were largely in line with Jefferies's expectations, despite the closure of Port Hedland for part of March due to cyclonic activity. \"Alternatively, the 36,000 ton inventory build should be unwound into an increasingly resilient 4Q26 price environment,\" Jefferies says. PLS ended last week at A$5.77. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 26, 2026 18:58 ET (22:58 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PLS's Output, Pricing Underpins Positive Outlook -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPLS's Output, Pricing Underpins Positive Outlook -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-27 06:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2258 GMT - Jefferies raises its price target for PLS Group by 12% to A$6.70/share after the miner beat expectations in 3Q. PLS dug up a record 232,400 tons of spodumene concentrate in 3Q. PLS doesn't expect any material disruption to operations from the Middle East conflict or impact on FY 2026 guidance. \"A very strong quarter of production relative to our and consensus forecasts coupled with resilient pricing through 2026 underpins a positive outlook,\" analyst Mitch Ryan says. Shipped volumes of 195,000 tons were largely in line with Jefferies's expectations, despite the closure of Port Hedland for part of March due to cyclonic activity. \"Alternatively, the 36,000 ton inventory build should be unwound into an increasingly resilient 4Q26 price environment,\" Jefferies says. PLS ended last week at A$5.77. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 26, 2026 18:58 ET (22:58 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2630334346","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2630334346","pubTimestamp":1777244280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2258 GMT - Jefferies raises its price target for PLS Group by 12% to A$6.70/share after the miner beat expectations in 3Q. PLS dug up a record 232,400 tons of spodumene concentrate in 3Q. PLS doesn't expect any material disruption to operations from the Middle East conflict or impact on FY 2026 guidance. \"A very strong quarter of production relative to our and consensus forecasts coupled with resilient pricing through 2026 underpins a positive outlook,\" analyst Mitch Ryan says. Shipped volumes of 195,000 tons were largely in line with Jefferies's expectations, despite the closure of Port Hedland for part of March due to cyclonic activity. \"Alternatively, the 36,000 ton inventory build should be unwound into an increasingly resilient 4Q26 price environment,\" Jefferies says. PLS ended last week at A$5.77. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","BK7504":"锂钴概念","PLS.AU":"PLS Group Ltd","BK7507":"资源股"},"translate_title":"PLS的产量和定价支撑了积极的前景——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLS.AU":0.9},"content_text":"2258 GMT - Jefferies raises its price target for PLS Group by 12% to A$6.70/share after the miner beat expectations in 3Q. PLS dug up a record 232,400 tons of spodumene concentrate in 3Q. PLS doesn't expect any material disruption to operations from the Middle East conflict or impact on FY 2026 guidance. \"A very strong quarter of production relative to our and consensus forecasts coupled with resilient pricing through 2026 underpins a positive outlook,\" analyst Mitch Ryan says. Shipped volumes of 195,000 tons were largely in line with Jefferies's expectations, despite the closure of Port Hedland for part of March due to cyclonic activity. \"Alternatively, the 36,000 ton inventory build should be unwound into an increasingly resilient 4Q26 price environment,\" Jefferies says. PLS ended last week at A$5.77. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 26, 2026 18:58 ET (22:58 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}