Australia's Castle Minerals surges on graphite production in Ghana

Terranova Metals

18/09/2023 02:32

** Shares of Castle Minerals  CDT.AX  rise as much as 23.8%
to A$0.013 - hitting their highest level since Aug. 4
    ** Stock last up 14.3%, on track for best day since Nov. 28,
2022 if gains hold
    ** Co says commercial grade graphite successful produced
from concentrates on offshore mine in Ghana
    ** Adds that samples to be tested for assessment of ability
to be converted to battery anode material
    ** 4.1 mln shares change hands, 3.7x the 30-day average
volume
    ** Stock has fallen 50% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))