Australia's Future Battery jumps most in over 3 months on lithium find

Ore Resources

04/08/2023 01:40

** Shares of Australia's Future Battery Minerals Ltd
 FBM.AX  rise as much as 28.6% to A$0.135, posting their biggest
intraday pct gain since April 13
    ** Stock hits highest since June 23 and was set for a third
session of gains 
    ** The battery minerals co says reverse circulation (RC)
drilling programme at the Nevada lithium project confirms
presence of large-scale lithium at project
    ** Adds co will be exploring the opportunity for U.S.
Federal Grants to support funding of the ongoing metallurgical
test work 
    ** Stock up 105.8% this year, as of last close

 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))