Australia's Strike Resources climbs after raising maiden iron ore shipment volume

Strike Resources

01/08/2022 01:53

** Shares of Strike Resources Ltd  SRK.AX  rise as much as
9.1% to A$0.120, their highest since July 25 
    ** Co says it is targeting maiden iron ore shipment of
roughly 68,000 tonnes to China in late August from its Paulsens
East iron ore mine in Western Australia  urn:newsml:reuters.com:*:nASX4Zrv9T
    ** Says total tonnes proposed for maiden iron ore shipment
have increased from previously announced target of 55,000 tonnes
    ** Stock had almost doubled in value this year, as of last
close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))