Australia's SciDev rises on securing contract with First Quantum Minerals

Scidev

18/05/2023 02:14

** Shares of SciDev Ltd  SDV.AX  jump as much as 9.7% to
A$0.34, their biggest intraday pct gain since April 20
    ** The environmental solutions company secures A$9.5 mln
($6.44 mln) contract with First Quantum Minerals  FM.TO  
    ** Says the three-year term contract at Ravensthorpe nickel
operation invloves supply of Maxiflox chemistry by co
    ** Stock touches highest level since April 24
    ** Stock down 17.3% this year, as of last close


     ($1 = 1.4743 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))