Is this what’s boosting the Pilbara Minerals share price today?
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The Pilbara Minerals Ltd (ASX: PLS) share price is enjoying a welcome lift today.
Shares in the S&P/ASX 200 Index (ASX: XJO) lithium stock closed yesterday trading for $2.20. In late morning trade on Wednesday, shares are changing hands for $2.30 apiece, up 4.5%.
For some context, the ASX 200 is up 0.35% at this same time.
This outperformance of the Pilbara Minerals share price comes on the heels of a major funding announcement on Tuesday from the Western Australian government.
Here’s what happening.
Pilbara Minerals share price leaps amid new government funding
The Pilbara Minerals share price looks to be catching some extra tailwinds after the Cook Labor government