Australia's Comet Resources jumps on robust graphite test results
30/11/2021 03:03
** Shares of gold and copper explorer CRL.AX rise as much
as 10% to A$0.022, marking biggest intraday percentage jump
since Nov 5
** Co provides positive results for improving yield in
production of spherical graphite (SPG) at its Springdale
Graphite Project in Western Australia urn:newsml:reuters.com:*:nASX49VLL
** Results show that yield was improved from a prior 30%-40%
to 60% in testing, which is considered a good yield - co
** "Successful results highlight the amenability of
Springdale product for use in commercial lithium-ion battery
anode materials," CRL says
(Reporting by Roushni Nair in Bangalore)
((Roushni.Nair@thomsonreuters.com))
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