Australia's Quantum Graphite jumps as JV partner gets South African patent

Quantum Graphite

03/02/2022 02:04

** Shares of industrial manufacturing co  QGL.AX  jump as
much as 4.4% to A$0.235, set for their biggest intraday pct gain
since Jan. 28 
    ** Says its joint venture partner, Sunlands Co, received its
first South African patent grant for its thermal battery and
electricity generation system  urn:newsml:reuters.com:*:nASX5mfqgx
    ** Adds that the energy firm's technology is capable of
operating at high temperatures required for large scale steam
turbine generators  
    ** Up to last close, stock up 40.6% so far this year

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))