Australia's Kali Metals eyes best session ever after JV expansion with SQM
07/10/2024 03:19
** Shares of Kali Metals KM1.AX soar as much as 125% to
A$0.27, set for their best session to date if current trend
holds
** KM1 hits highest level since June 26
** The specialty miner expands JV agreement with partner
Chile-based SQM SQMA.SN in its exploration projects in
Pilbara, Western Australia
** Says co to acquire two additional land tenements for
exploration
** Adds SQM committed A$1 million ($680,400.00) expenditure
to earn 50% interest in expanded tenements
** More than 910,000 shares change hands, 10.1X 30-day avg
($1 = 1.4697 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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