Australia's EV Resources jumps on potential boost for Peru project from Chinese export controls

Antimony Resources

11/02/2025 01:03

** Shares of EV Resources  EVR.AX  rise 83.3% to A$0.006,
their highest level since July 29, 2024
    ** Diversified explorer says it has had talks with several
U.S.-based parties indicating interest in sourcing molybdenum
from its Parag project in Peru
    ** Last week China said it would restrict exports of five
critical metals, including molybdenum 
    ** About 15.6 million shares change hands vs the 30-day
average of around 3.5 million
    ** Stock up 83.3% this year, including the day's move

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