Australia's Sovereign Metals jumps on positive graphite test in African lab
08/05/2024 05:44
** Shares of Sovereign Metals SVM.AX rise as much as 3% to
A$0.510, highest since April 26
** Miner says test work at Lilongwe laboratory facility in
Malawi, Africa delivers high quality, low impurity Graphite for
battery anodes
** Stock set for best day since May 6
** SVM up 9.85 YTD, as of last close
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com;))