Australia's Green Critical Minerals gains on pilot plant's testing results

GCM

16/01/2025 05:10

** Green Critical Minerals  GCM.AX  jumps 16.7% to A$0.021;
set for biggest intraday pct gain since Jan. 3
    ** Mineral explorer says initial testing of its pilot plant
in New South Wales successfully produced 12 test samples of VHD
graphite coins
    ** Adds results exceed industry benchmarks
    ** Around 78.2 mln shares traded, 2.4x the 30-day avg
    ** Stock rose as much as 19.4% earlier in the day
    ** GCM gained 40% in 2024

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))