Australia's Lithium Energy climbs as firm pursues downstream graphite processing opportunity

LE Minerals

21/10/2021 01:27

** Shares of Lithium Energy  LEL.AX  rise as much as 8.2% to
A$0.730, their highest since Sept. 27 
    ** Lithium miner says it has started investigations into the
establishment of a manufacturing facility to process graphite
from its Burke graphite deposit in Queensland   urn:newsml:reuters.com:*:nASXbNT0dC
    ** Says processed graphite will be used as anode material in
lithium-ion batteries
    ** Stock on track for third consecutive session of gain 
    ** Stock has almost doubled in value since its market debut
on May 19 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))