Australia's Agrimin jumps most in about 10 months on potash supply deal

AMN Healthcare Services

04/04/2022 03:30

** Shares of Agrimin Ltd  AMN.AX  rise as much as 18.8% to
A$0.475, their biggest intraday pct jump since May 18, 2021
    ** Signs https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02506299-6A1085011?access_token=83ff96335c2d45a094df02a206a39ff4
 a binding sulphate of potash (SOP) offtake deal with a unit of
U.S.-based commodity management firm Gavilon Group 
    ** To supply 50,000 tonnes per annum of SOP produced from
the Mackay potash project for sale and distribution in the
United States
    ** Deal adds to AMN's already secured agreements, taking the
total commitment to 315,000 tonnes p.a. of SOP
    ** AMN hits highest since May 18; more than 505,000 shares
change hands, vs the 30-day average of 132,333 shares
    ** AMN up 18.5% this year as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))