ASX-listed Highfield Resources rises on agreement with port

Highfield Resources

30/08/2021 04:49

** ASX-listed Highfield Resources  HFR.AX  climbs as much as
4.9% to A$0.535 after MoU with Port of Bilbao 
    ** Spanish potash miner signs non-binding MoU with authority
of the Port of Bilbao  urn:newsml:reuters.com:*:nASX5YmkcL 
    ** Port located 220 kms away from its flagship "Muga Mine"
project in the Navarra and Aragón provinces of Spain
    ** Port has capacity for 700,000 metric tonnes of product
per annum, will help make Muga a low-cost potash mine
    ** Stock posts its biggest intra-day percentage gain since
Aug 10 
    ** HFR down 27% so far this year, as of Friday's close 
    


 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))