Australia's Pure Resources climbs to 2-year high on US collaboration talks

Pure Resources

07/01/2026 03:22

** Shares of Pure Resources PR1.AX rise as much as 12% to A$0.28, their highest level since November 21, 2023

   ** The lithium, nickel and gold explorer says investigations and discussions are advancing across several U.S. institutions, and the Department of Energy has funded academic groups

** Seeks progress into thermal management supply chain system and focus on data centre cooling and defence applications

** About 334,000 shares change hands, 6.1 times the 30-day avg

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))