Pilbara Minerals Ltd (ASX: PLS) is an Australian lithium producer with its 100%-owned Pilgangoora Lithium-Tantalum Project. The Pilgangoora project is located in West Australia and is one of the largest lithium ore deposits in the world. With this asset, Pilbara Minerals plans to become one of the world’s largest producers by 2020.
The Pilbara Minerals Ltd (ASX:PLS) share price is currently up more than 3% at the time of writing. What’s going on?
The Pilbara Minerals Ltd (ASX: PLS) share price is in focus after it announced plans for solar energy in the progress towards net zero emissions.
The resilient run of the S&P/ASX 200 (ASX: XJO) continued on Thursday as Collins Foods (ASX:CKF) and Sezzle (ASX:SZL) shares made headlines.
The Pilbara Minerals Ltd (ASX:PLS) share price is up around 3.5% after making an announcement regarding its Ngungaju Plant.
The S&P/ASX 200 (ASX:XJO) suffered its worst day since February, falling 2.1% on the back of ongoing weakness in the commodity sector.
The S&P/ASX 200 fell 0.8% on Friday, erasing the week’s gains and ultimately leaving the index down three points for the week.
The S&P/ASX 200 (ASX: XJO) dropped another 0.3% on Wednesday as the rally in the energy sector reversed, falling 2.2%.
The Pilbara Minerals Ltd (ASX:PLS) share price is up 8% today. There is a very good reason why the ASX lithium share is charging higher.
The S&P/ASX 200 (ASX: XJO) fell another four points on Friday, capping a full week of lower closes and a loss of 2.2% for the five days.