Australian Silica Quartz jumps on receiving fees for Quartz Hill Development

Australian Silica Quartz

12/07/2023 06:14

** Shares of Australian Silica Quartz  ASQ.AX  rise as much
as 5.8% to A$0.055, hitting their highest since July 4 
    ** The silica sand and hard rock quarts explorer says it got
A$1 mln ($672,000.00) fee from Private Energy Partners for
development of Quartz Hill Development project in North
Queensland
    ** The fee is to get exclusive right to purchase 10 mln
tonnes of Metallurgical Grade Silicon Quartz Lump feedstock from
Quartz Hill  
    ** Stock up 4% so far this year, as of last close 
    



($1 = 1.4881 Australian dollars)

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))