Aussie lithium miners jump after battery metal futures rebound in China

Vulcan Energy Resources

28/02/2024 02:36

** Stocks of multiple Australian lithium miners jump after
Chinese lithium carbonate futures rebounded 
    ** Prices of the battery metal rise to touch an eight-week
high 
    ** Market talks on production halts at several lithium
producers in China due to environmental inspections leading to
output restrictions drove up prices.
    ** Shares of the country's largest pure-play lithium miner
Pilbara Minerals  PLS.AX  climb as much as 5.4% to hit their
highest since Oct 17
    ** Mineral Resources  MIN.AX  rises as much as 4.8%, while
battery metals producer Liontown Resources  LTR.AX  rose up to
9% 
    ** Lithium explorer Vulcan Energy  VUL.AX  gains as much as
7.7% 


 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))