Australia's Itech Minerals rises on receiving funding for anode project

Itech Minerals

03/07/2023 06:05

** Shares of Australia's Itech Minerals Ltd  ITM.AX  rise as
much as 4.4% to A$0.235, hitting highest since June 23
    ** Stock marks third consecutive session of gains 
    ** Mineral exploration co says project funding of A$1.1
million ($733,480.00) approved for Sugarloaf Battery Anode
material project
    ** Adds iTech is developing process to produce battery anode
material from Sugarloaf Graphite Prospect     
    ** Stock down 15.1% this year, as of last close


($1 = 1.4997 Australian dollars)

 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))