Australia's Jindalee Lithium rises on potential boost from US executive order

Jindalee Lithium

01/04/2025 02:17

** Shares of Jindalee Lithium JLL.AX rise 22.9% to A$0.295, their biggest intraday pct gain since November 21, 2024

** Stock also hits its highest level since November 21

** The lithium explorer says its Oregon-based McDermitt lithium project stands to benefit from U.S. President Donald Trump's executive order to boost domestic critical mineral production

** About 90,600 shares change hands, vs the 30-day average of around 38,400

** Stock up 34.1% YTD, including the day's move

 (Reporting by Aaditya Govind Rao in Bengaluru)

 ((Aaditya.govindrao@thomsonreuters.com;))