Australia's PLS gives first dividend after lithium price rise drives profit

CommoditiesMiner positive on outlook for key battery metal as data centers add more demandPLS plans to release a feasibility study in the coming months on doubling the output capacity of its Pilgangoora mine in Western Australia. (Screenshot from PLS's website)SHAUN TURTONAugust 24, 2026 11:56 JSTCANBERRA -- PLS, one of Australia's main lithium miners, declared its first dividend on Monday as stronger prices for the key battery metal helped deliver a full-year profit after tax of 526 million Australian dollars ($377 million).