Australia's Ioneer hits over 10-week high on US lithium supply deal

Ioneer

10/05/2023 02:19

** Shares of lithium miner ioneer Ltd  INR.AX  climb as much
as 9.9% to A$0.390, their highest since Feb 24 
    ** Co signs commercial offtake deal with U.S.-based
Dragonfly Energy Holdings Corp  DFLI.O 
    ** Says deal for the manufacturing of lithium carbonate in
Nevada
    ** More than 9.2 mln shares change hands, compared with the
30-day average volume of about 7 mln shares  
    ** Stock down 6.6% this year, as of last close, vs a 3.2%
increase in the benchmark S&P/ASX 200 index  .AXJO  


 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))