Australia's Calix jumps after co, Pilbara get board nod for key lithium plant

Calix

02/08/2023 03:24

** Shares of Calix Ltd  CXL.AX  rise as much as 7% to
A$4.38, set to gain most since July 3, if trend holds      
    ** The mineral processing firm and Australia's Pilbara
Minerals  PLS.AX  receive board approvals for the final
investment decision on construction at their flagship
Pilgangoora lithium project in Western Australia  urn:newsml:reuters.com:*:nL4N39I5JG
    ** Pilbara will handle both the construction and operational
phases of the project 
    ** Around 1,31,758 Calix shares change hands, compared with
the 30-day average volume of 1,94,323
    ** Calix stock down 7.6% this year, as of last close
    


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