Australia's Highfield Resources rises on securing land for Spanish potash project

Highfield Resources

27/06/2023 01:49

** Shares of Highfield Resources  HFR.AX  jump as much as 8%
to A$0.54, marking their biggest intraday pct gain since May 24 
    ** The mineral explorer says it has secured access to all
land necessary to build its flagship Muga Potash mine in Spain
    ** Highfield says it paid deposit of 1.1 mln euros ($1.20
mln) as an advance payment of the final purchase price
    ** HFR stock hits highest level since June 19
    ** Stock down 13.8% YTD, as of last close

    ($1 = 0.9167 euros)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))