PLS Group's Board Approves Restart of Western Australia Plant
MT Newswires Live
Feb 19
PLS Group (ASX:PLS) said its board approved approved the restart of the Ngungaju plant, with production expected to resume in early July, according to a Thursday filing with the Australian bourse.
The company expects unit operating costs for fiscal 2026 at the plant at the top end of the AU$560 to AU$600 per tonne range, the filing said.
It confirmed that any expenditure incurred from the restart is within the capital expenditure forecast for the year, the filing added.
Shares of the company fell 1% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.