Australia's Lithium Energy gains on graphite find at Queensland project

LE Minerals

09/02/2023 03:20

** Shares of Lithium Energy Ltd  LEL.AX  rise as much as
8.7% to A$0.935, 
    ** LEL set to mark best day since Feb 3, if gains hold
    ** Battery mineral co says drilling shows intercepts of
"high-grade" graphite at Burke Graphite project in Queensland
    ** Adds grades from Burke project "exceptionally high",
compared with known graphite deposits globally
    ** Stock up 11.7% this year, as of last close
 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))