Australia's Green Critical Minerals hits 1-1/2 year peak on sped-up project timeline

GCM

02/01/2025 01:13

** Shares of Green Critical Minerals  GCM.AX  rise as much
as 21.4% to A$0.017, their highest level since mid-July 2023
    ** Miner says commissioning of its VHD Technology pilot
plant is underway, with prototype VHD graphite blocks due in
January and production set for February, beating prior plans of
Q2 CY25
    ** VHD graphite blocks are utilized for optimal energy
storage and thermal control in various industrial applications
    ** Over 70 mln shares change traded, 4.4x the 30-day avg
    ** Stock rose 14.3% jump in 2024, a second consecutive year
of gains

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))