Australia's Strandline Resources jumps most in 5 weeks on transportation deal

Strandline Resources

21/11/2021 23:53

** Shares of Strandline Resources Ltd  STA.AX  rise as much
as 5% to A$0.210, their biggest intraday pct gain since Oct. 18
    ** The nickel miner executes a long‐term haulage and
logistics services agreement with exporter Qube Bulk Pty Ltd
 urn:newsml:reuters.com:*:nASX7q5fTw
    ** Says the deal covers 100% of the mineral sands products
to be produced at Coburn mineral sands project in Western
Australia over an initial 10-year term 
    ** Stock has risen 6.7% this year, as of last close

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))