Australia's Pacific Lime and Cement hits 2-week high on offtake deal with Newmont
ReutersFeb 16, 2026 3:57 AM
Shares of Pacific Lime and Cement PLA.AX rise as much as 7% to A$0.305, marking their highest level since Feb 2
Co wins gold-miner Newmont Corp NEM.N as customer with signing of a long-term quicklime offtake agreement
No financials details of the deal mentioned
About 298,953 shares change hands, 1.8x the 30-day average of 162,173
Stock last up 3.5% while on a YTD-basis, it is down 4.8%
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