PLS Group stock jumps near a 52-week high as lithium prices spike — what investors watch next
SYDNEY, Jan 6, 2026, 16:59 AEDT — Market closed PLS Group Limited shares jumped 9.5% on Tuesday to A$4.84, closing near a 52-week high as lithium-linked stocks held their ground while the broader market slipped. The S&P/ASX 200 ended down 0.5%, but materials gained 1.5%, an ABC market wrap showed. Intelligent Investor+1 The move matters because lithium markets have become a live macro trade again after a long oversupply-driven slump, and investors are quick to reprice miners on any sign of tightening fundamentals. Reuters reported demand growth from grid-scale battery storage — large batteries used to store power for the