Australia's Impact Minerals rises on lithium find in WA

Impact Minerals

19/04/2022 03:51

** Shares of Impact Minerals  IPT.AX  climb as much as 7.1%
to A$0.015, hitting its highest since March 11
    ** Nickel explorer says it identified lithium at Hopetoun
Project in Western Australia  urn:newsml:reuters.com:*:nASM000809
    ** Co says Spodumene and yttrium-bearing apatite identified
in pegmatite veins at the Kalahari Prospect, a part of co's
Hopetoun Project
    ** Accelerating sales of electric vehicles have fuelled a
scramble for nickel, cobalt and lithium, propelling prices of
the battery materials to multi-year highs  urn:newsml:reuters.com:*:nL8N2U566U
    ** Stock up 7.7% this year as of last close 
    


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))