Australia's CuFe Ltd leaps on buying remaining stake in iron ore JV

Cufe

17/03/2023 02:19

** Shares of copper and iron ore explorer CuFe Ltd  CUF.AX 
climb as much as 5.9% to A$0.018, their best intraday gain since
March 7 
    ** Says it will buy the remaining 40% interest in its JWD
iron ore project, which it held as a 60%-owned joint venture
    ** Adds JWD project is now operating at full capacity 
    ** As of last close, CUF up 13.3% YTD 

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))