BUZZ-Australia's Lithium Universe rises on securing feedstock for Canada refinery
Reuters
Feb 04
BUZZ-Australia's <a href="https://laohu8.com/S/LU7N.AU">Lithium Universe</a> rises on securing feedstock for Canada refinery
** Shares of Lithium UniverseLU7.AX rise as much as 13% to A$0.013, their highest level since January 27
** The lithium producer signs a 10-year offtake agreement for supply of 80,000 tons per annum of spodumene concentrate
** Deal secures feedstock requirements for its planned Bécancour Lithium Refinery in Canada
** About 7.2 million shares change hands, 3x the 30-day average of 2.4 million
** Stock up 4.3%, YTD
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.