PLS -5.84%: Reported March quarterly production of 81,431 dry metric tonnes (dmt) of spodumene concentrate, within its previous guidance of 75,000 to 90,000dmt. March quarter shipments totalled 58,383 dmt, which was soft but all a result of a delayed 20,000 dmt cargo that was scheduled for late March, and which left Port Hedland in early April. PLS maintained FY production guidance.
MM is neutral/bearish PLS around $3
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