Australia's Jindalee Lithium soars after US approves McDermitt drilling

Jindalee Lithium

11/12/2025 03:04

** Shares of Jindalee Lithium JLL.AX rise as much as 10.8% to A$0.565, posting their biggest intraday pct gain since Nov 10
** Miner says the U.S. Bureau of Land Management approved drilling programme for its fully-owned McDermitt lithium project
** McDermitt is one of the largest lithium deposits in the United States, according to co
   ** Shares hit their highest level since Nov  26
** YTD, shares up 150%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))