Australia's Anson Resources jumps on lithium supply deal with LG Energy Solution

Anson Resources

01/05/2024 04:05

** Shares of Anson Resources  ASN.AX  rise as much as 19.1%
to A$0.125, posting their biggest intraday percentage gain since
Jan. 17
    ** Stock hits highest level since April 16
    ** Lithium explorer says it will supply 4,000 dry metric
tons of lithium carbonate per year to South Korea's LG Energy
Solution  373220.KS  for an initial term of five years
    ** About 6.2 mln shares change hands, compared with the
30-day average volume of around 1.6 mln
    ** Stock down 25% YTD, as of last close



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))