Australia's Minbos Resources climbs on signing MOU

Minbos Resources

30/06/2022 02:06

** Shares of Minbos Resources  MNB.AX  rise as much as 5.8%
to A$0.138, their best session since June 21, if gains hold
    ** Says it has signed a memorandum of understanding with
ammonia production company Stamicarbon to conduct a six-month
technical study for the Capanda Green ammonia plant. 
 urn:newsml:reuters.com:*:nASX75dTK1
    ** Says technical study to access a mixed production profile
of 300,000 metric tonnes per annum (MTPA) of Green Ammonium
Nitrate Products. 
    ** Stock down 8.3% this year as of last close 

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