Australia's IRIS Metals rises on gaining access to US lithium mine

Palisade Metals

11/01/2024 01:04

** Shares of Australia's IRIS Metals  IR1.AX  rise as much
as 3.6% to A$0.86, marking their biggest intraday pct gain since
Jan. 3
    ** Exploration co says binding agreement executed enabling
access & exploration rights to Tin Mountain property, a lithium
spodumene mine in South Dakota, U.S.
    ** Agreement allows access for an initial three-year period,
with right to purchase thereafter - IR1
    ** Stock fell 20.3% in 2023

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))