Australia's Orexplore Technologies posts record jump on BHP agreement

Orexplore Technologies

18/08/2023 03:19

** Shares of Orexplore Technologies  OXT.AX  surge as much
as 122.8% to A$0.103, their highest intra-day jump ever
    ** Mining services provider says it signed commercial
agreement with BHP Group Ltd  BHP.AX  for A$1.55
mln($995,410.00)
    ** Adds that agreement is for deployment of co's specialised
technology to BHP's onshore Carrapateena operation in South
Australia
    ** Stock hits its highest level since Jan 25
    ** Stock has fallen 48.9% this year as of last close

($1 = 1.5571 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))