Australia's Sparc Technologies surges on sustainable anode find

Sparc Technologies

24/03/2023 01:24

** Shares of Sparc Technologies  SPN.AX  jumped as much as
20.3% to A$0.43, posting its best day since July 29 
    ** The graphene tech co says its project with Queensland
University of Technology to develop sustainably sourced hard
carbon anode material for sodium batteries showed positive
results
    ** Co says multiple trials have produced hard carbon anodes
which have 45% higher 'reversible' capacities, compared to
commercial hard carbon anode materials
    ** Stock hits highest since March 8 
    ** Stock has fallen 27.8% this year as of last close 
    


 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))