Yahoo Finance | EN590 Commodities
EN590 Commodities GroupCrude Oil 2026-06-25T08:30:00+00:00
Australia's lithium sector is entering a more disciplined phase. After years of rapid expansion driven by electric vehicle demand and record spodumene prices, producers are now prioritising cost control, operational stability and processing efficiency alongside output growth. Australia nevertheless remains the world's largest lithium producer, accounting for around 40% of current global output. In Western Australia's Pilbara region, PLS Group's Pilgangoora operation has become a key example of that transition. One of the world's largest hard rock lithium deposits, Pilgangoora holds more than 207 million tonnes of reserves and has evolved into a large-scale test case for how lithium producers manage ore variability and processing performance in a more volatile market environment, according
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