Lithium Australia hits near 2-month high on battery recycling deal with BYD Auto

Livium

04/09/2024 01:59

** Shares of Lithium Australia  LIT.AX  rise as much as 20%
to A$0.024, their highest level since July 11     
    ** Lithium miner says it signed a new exclusive battery
recycling agreement with BYD Auto, a unit of BYD co  002594.SZ  
    ** Deal for co to provide battery recycling services for all
New Energy vehicles end-of life batteries in Australia
    ** Stock set for best day since July 11, if gains hold
    ** LIT down 33.3% YTD as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))