Australia's Global Lithium Resources rises after co divests stake in Kairos Minerals

Global Lithium Resources

22/09/2025 05:53

** Shares of Australia's Global Lithium Resources GL1.AX rise as much as 8.6% to A$0.38, their highest since September 9

   ** The diversified miner's unit divests its stake in Kairos Minerals KAI.AX, realising A$7.1 million ($4.68 million) from the sale

** Says will use proceeds towards its Manna lithium project in Western Australia

** YTD, stock up 97.2%

($1 = 1.5168 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))