Australia's Sovereign Metals jumps on positive graphite test in African lab

Sovereign Metals

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;))