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PLS Group Limited (ASX:PLS)

ALERT: Price-sensitive ASX Announcement for PLS
Current share price for PLS : $5.170 -0.51 (-8.98%)+
Announcement
Release
24 Apr 2026 8:00AM
Price at Release
$5.680
Full Release
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Summary
The March Quarter FY26 Activities Presentation for PLS Group Limited reports on the financial and operational performance for the period ended March 2026. Despite challenging weather conditions, the company maintained its production guidance for most operations. Alumina production increased slightly, while Australia Manganese revised its FY26 production guidance lower due to site water management issues. The company achieved a record cash distribution from Sierra Gorda and increased net cash by US$121M. Investments in growth, particularly at the Hermosa project, were significant, and the company continues to focus on cost management and supply chain stability amid global economic pressures.
Key Points
  • Maintained production guidance despite adverse weather impacts.
  • Alumina production increased by 1% year to date.
  • Australia Manganese FY26 production guidance revised lower by 6%.
  • Record cash distribution received from Sierra Gorda.
  • Net cash increased by US$121M during the quarter.
  • Significant investment in Hermosa project continues.
  • Focus on cost management and supply chain stability.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.