Australia's Diatreme jumps on identifying additional transport route

Diatreme Resources

16/09/2022 06:04

** Shares of Australia's Diatreme Resources Ltd  DRX.AX 
rise as much as 2.6% to A$0.040 
    ** Silica sands explorer says it identified an additional
transport route for exports from its Galalar project in Far
North Queensland  urn:newsml:reuters.com:*:nASX8K6T2X
    ** Says route will potentially provide enhanced permitting
and approvals certainty while reducing marine impacts and
transport costs 
    ** Says working with port authority, Far North Queensland
Ports Corp (Ports North), on forward planning for silica exports
    ** Shares down ~4.8% so far this week
    ** DRX up 85.7% YTD, as of last close 

 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))