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SRK Strike Resources News Story

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Basic MaterialsSpeculativeMicro CapValue Trap

Australia's Strike Resources rises on approval for iron ore exports

** Shares of Strike Resources  SRK.AX  rise as much as 4.6%
to A$0.115, set to mark best session since July 22, if gains
hold
    ** Says https://www.asx.com.au/asxpdf/20220727/pdf/45c6bhd7634hf5.pdf
 environmental works approval has been granted to co for export
of iron ore from the Port of Ashburton in Onslow, Western
Australia
    ** The approval is based upon assessed iron ore export
capacity of up to 1.8 Mtpa (million tonnes per annum)
    ** Stock flat so far this year, as of last close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))

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