Australia's King River Resources climbs on joining battery research cooperative

King River Resources

06/10/2021 03:17

** Shares of King River Resources Ltd  KRR.AX  climb as much
as 3.9% to A$0.027, set for best day since July 27
    ** Alumina miner signs https://bit.ly/2YlHr1G agreement with
Perth-based Future Battery Industries Cooperative Research
Centre (FBICRC)
    ** Agreement for collaboration on cathode precursor and
active materials production pilot plan among others
    ** FBICRC's R&D projects span the battery value chain and
bring together 70 industry participants, four state govts and 8
research partners with a combined value of over A$120 mln over
six years
    ** YTD, KRR stock flat, as of last close

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))