Australia's Suvo Strategic climbs on transfer agreement with Calix

Calix

19/04/2022 03:14

** Shares of Suvo Strategic Minerals  SUV.AX  rise as much
as 12.8% to A$0.088, gaining the most since Feb 21
    ** The kaolin producer says it signed a material transfer
agreement with mineral processing firm Calix   CXL.AX 
 urn:newsml:reuters.com:*:nFWN2WF05E
    ** Under the agreement, Calix will assist Suvo to accelerate
its metakaolin green cement supply initiative from Pittong in
Victoria
    ** Suvo stock hits highest level since March 10
    ** Calix shares rise as much as nearly 8% to hit a record
high 
    ** As of last close, Suvo stock up 34.4% this year
    

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