Australia's Boom Logistics rises on extending Olympic Dam contract with BHP
BUZZ-Australia's Boom Logistics rises on extending Olympic Dam contract with BHP ** Shares of Boom Logistics BOL.AX rise as much as 4.7% to A$2.22, their highest level since June 23
** Set for best session since June 16
** The construction support service provider extends its Olympic Dam contract with mining giant BHP Group BHP.AX
** Says revenue from the renewed contract is expected to be A$40 million ($27.47 million) per annum over the initial 5-year term, with a further 2-year option at BHP’s discretion
** Up 25.8% YTD, including the session's moves
($1 = 1.4560 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
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