Lithium Power International up on acquiring lithium tenements in W.Australia

Lithium Power International

05/07/2022 02:27

** Shares of the lithium-focused miner Lithium Power
International  LPI.AX  jump as much as 5.7% to A$0.465
    ** Shares hit their highest since June 9 
    ** Co inks agreements to acquire 100% of CMC Lithium and its
Greenbushes project in Western Australia, adding an additional
365 kilometres around the mine  urn:newsml:reuters.com:*:nASX5BDNly
    ** Stock down 4.4% this year, as of last close, vs a 11%
decrease in the benchmark S&P/ASX 200 index  .AXJO  


 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))