Approval comes amid fluctuations in price of key battery metal

Australian miner PLS plans to spend $1.32 billion to double capacity at its Pilangoora lithium mine despite yo-yoing prices. (Screenshot from PLS website)
SHAUN TURTON
October 16, 2026 12:09 JST
CANBERRA -- Australian miner PLS on Thursday announced a step toward achieving its ambition of becoming one of the world's largest pure-play lithium miners, with a plan for expansion as it bets on future demand despite recent drops in the price of the key battery metal.
