Tasman Resources hits 2-1/2-week high on product approval from Florida DOT

Tasman Resources

04/01/2022 04:51

** Shares of diversified miner Tasman Resources Ltd  TAS.AX 
rise as much as 12% to A$0.028, their highest level since Dec 15
    ** Clean-energy firm Eden Innovations Ltd  EDE.AX , where
Tasman's unit holds a 29.64% stake, says https://www.asx.com.au/asxpdf/20220104/pdf/454qqzhcnpf0j5.pdf
 Florida Department of Transportation (DOT) added its products
EdenCrete and EdenCrete Pz to the list of approved admixtures
    ** EDE says EdenCrete is now approved for DOT use in 22
states and EdenCrete Pz in 17 states in the United States
    ** EdenCrete is used as a carbon-strengthened additive for
concrete while EdenCrete Pz is used to add pozzolans, which are
siliceous or siliceous and aluminous, as an alternative material
to cement
    ** Stock posts its biggest intraday pct gain since Dec 21,
2021; down 37.5% this year, as of last close

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))