Australia's Lycopodium hits record high after bagging $35 million contract

Lycopodium

21/09/2026 04:36

** Construction firm Lycopodium's LYL.AX shares rise as much as 4.2% to record high of A$23.62
** Stock set for best session since August 31, if current trend holds
** Company awarded A$49.4 million $35.19 million) contract for Greatland Resources' GGP.AX Havieron gold-copper project in Western Australia
** Contract to lead pre-production phase at the Havieron project, Lycopodium says
** Havieron is a high-grade underground gold-copper project that Greatland is developing into a future mining operation
** YTD, Lycopodium stock up 66.8% 

 ($1 = 1.4039 Australian dollars)

 (Reporting by Paridhi Minda in Bengaluru)
 ((paridhi.minda@thomsonreuters.com))