Australia's Eastern Resources jumps on JV partnership to pursue lithium projects
10/06/2022 02:25
** Shares of iron ore explorer Eastern Resources EFE.AX
jump as much as 8% to A$0.027, set to mark their best day since
May 18, if gains hold
** Co forms a new joint venture co with Yongxing Special
Materials Australia to pursue lepidolite lithium opportunities
in Australia urn:newsml:reuters.com:*:nFWN2XW0DP
** Says JV co, EFE Yongxing, will carry out any works
related to pre-acquisition of projects in line with a strategic
partnership outlined in May
** Stock down 52.8% YTD, as of last close
(Reporting by Riya Sharma in Bengaluru)
((Riya.Sharma@thomsonreuters.com;))
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