0126 GMT - After a rebound in lithium prices, options are emerging to restart some idled production capacity, says Morgan Stanley analyst Rahul Anand. Yet he expects "limited impact" in the near term from companies bringing mothballed sites back online. Anand highlights shuttered Australian operations as the "swing factors" for the market. But MS only expects PLS's Ngungaju plant to restart near term. That site could contribute roughly 6,000 metric tons of lithium carbonate equivalent this year, assuming a 3Q restart, Anand says. While Mineral Resources Wodgina Train 3 could add roughly 33,000 tons a year at its full run-rate, "meaningful volumes are not likely until CY27 due to feed requirements," says Anand. Mineral Resources is also reassessing Bald Hill, but the timing of any restart decision is unclear, he adds. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

March 09, 2026 21:26 ET (01:26 GMT)

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