Australia's Pantera Minerals soars on Eni backing of EnergyX project
07/07/2026 05:02
BUZZ-Australia's Pantera Minerals soars on Eni backing of EnergyX project ** Shares of Australia's Pantera Minerals PFE.AX rise as much as 29.4% to A$0.022, hitting their highest level since April 22
** Shares set to mark their biggest pct gain since April 21
** Lithium explorer says Energy Exploration Technologies (EnergyX), a privately held lithium co in which Pantera holds a strategic share interest, gets $225 million investment
** Adds investment is from Italian energy major Eni S.p.A ENI.MI for Chile lithium project
** Eni receives rights to purchase up to 25% of future lithium production
** Near 8.1 million shares change hands, 14.9x the 30-day average volume
** Stock down 24% YTD, including session's moves
(Reporting by Subhalakshmi Dey in Bengaluru)