Australia's Vital Metals rises on commencing commissioning at Canada project

Vital Metals

17/06/2022 03:47

** Shares of rare earths producer Vital Metals  VML.AX  rise
as much as 7% to A$0.046, their biggest intraday gain since May
25
    ** Co commences commissioning at its Saskatoon Rare Earth
Extraction Plant in Canada  urn:newsml:reuters.com:*:nASX5Kb82r
    ** Says it will commission the Saskatoon facility
incrementally over coming months with plans to produce a 2.5
tonne rare earth carbonate sample for offtake partner REEtec Ag
as the next step 
    ** Shares hit their highest since June 10
    ** As of last close, stock down 20.4% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))