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Pilbara Minerals (ASX:PLS) share price climbed 12% today, but why? – The Motley Fool Australia
The Pilbara Minerals Ltd (ASX: PLS) share price climbed 12% today, yet there’s no announcements from the company. Lets take a closer look!
The Pilbara Minerals Ltd (ASX: PLS) share price rallied 12% in trade today even though the lithium producer posted no news itself. Looking more broadly across the lithium stocks, it appeared to be a relatively good day of trade for many lithium producers.
Let’s look at some of the recent news and events for Pilbara and lithium to grasp what could have had investors excited today.
Lithium prices remain elevated
After a prolonged period of depressed lithium prices due to oversupply, the demand has…
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