Pilbara Minerals Limited ( (AU:PLS) ) has provided an announcement.
Pilbara Minerals Limited announced the release of 560,000 ordinary shares from voluntary escrow on 4 May 2025, following its acquisition of Latin Resources Limited. This release marks a key step in PLS’s strategic growth and integration efforts, potentially enhancing its market positioning and stakeholder value in the lithium materials industry.
More about Pilbara Minerals Limited
Pilbara Minerals Limited (PLS) is a leading global producer of lithium materials, with a diversified portfolio of assets and strategic partnerships in the battery materials sector. The company owns the world’s largest independent hard-rock lithium operation, the Pilgangoora Operation in Australia, and the Colina Lithium Project in Brazil. PLS is integrated into the lithium value chain through its joint venture with POSCO in South Korea, manufacturing battery-grade lithium hydroxide. The company has established partnerships with international companies such as POSCO, Ganfeng, Chengxin, Yahua, and General Lithium.
YTD Price Performance: -34.19%
Average Trading Volume: 44,434
Technical Sentiment Signal: Buy
Current Market Cap: $2.88B
Learn more about PLS stock on TipRanks’ Stock Analysis page.