PLS Group shares jump 8% as Zimbabwe export ban jolts lithium prices
PLS Group closed up 8.25% at A$5.25 in Sydney, near a 52-week high, after Zimbabwe halted exports of raw minerals and lithium concentrates. China’s lithium carbonate futures jumped 6.07% on the news. About 50.23 million PLS shares traded, nearly double the three-month average. Traders are watching for updates on Zimbabwe’s ban and lithium price moves into Friday.
