Lithium miner Liontown at near 3-mth high on contract award to Monadelphous

Monadelphous

13/09/2023 02:51

** Shares of lithium miner Liontown Resources  LTR.AX  jump as
much as 2.3% to A$3.07, their highest since June 19
    ** Co says it has awarded mining construction contract to
ASX-listed peer Monadelphous Group  MND.AX  
    ** Says value of contract is about A$100 mln ($64.16
million)
    ** MND stock up as much as 1.6%
    ** LTR has risen over 100% this year as of last close




($1 = 1.5586 Australian dollars)

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