Australia's Hawsons Iron surges on deal to develop port
11/11/2022 24:43
** Shares of Hawsons Iron Ltd HIO.AX rise as much as 14.3%
to A$0.12, their biggest intraday pct gain since Oct. 24
** Iron ore producer says it signed a binding agreement with
Flinders Ports to develop a greenfield port in South Australia
urn:newsml:reuters.com:*:nASX1zbQwH
** Firms to work together on design, construction and
operation of a greenfield port at Myponie Point in South
Australia
** Stock hits highest level since Oct. 26
** Stock has fallen 30% this year as of last close
(Reporting by Udbhav Krishna P)
((UdbhavKrishna.P@thomsonreuters.com;))
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