iTech Minerals sees best day in nearly 3 months on graphite output update

Itech Minerals

14/09/2022 02:57

** Shares of iTech Minerals Ltd  ITM.AX  jump as much as
17.65% to A$0.400, its biggest intraday pct gain since June 20 
    ** Mineral explorer says it produced 99.99% fixed carbon
spherical graphite and flake graphite from Campoona ore in South
Australia (https://bit.ly/3dc9yYl)
    ** Says testing of the spherical graphite confirms it is
within or exceeds all relevant industry standard parameters for
lithium-ion battery anode material
    ** Stock touches its highest since Aug. 11
    ** 381,003 shares exchange hands, 3.5 times compared to the
30-day volume average of 106,198 shares
    ** Stock has risen 70% this year, as of last close 

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))