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IGO cuts lithium guidance, shares fall, while PLS reports strong results.
IGO lowered its full-year lithium production guidance for its Greenbushes mine in Australia, causing shares to drop sharply.
The company cited operational difficulties and lower ore grades, though it remains optimistic about long-term growth.
Meanwhile, competitor PLS reported strong financial results with rising production and revenue, supported by higher lithium prices.
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IGO recorta la orientación de litio, las acciones caen, mientras que PLS reporta resultados fuertes.