Australia's Vulcan Energy rises on positive lithium project update

Vulcan Energy Resources

29/09/2023 02:18

** Shares of Vulcan Energy  VUL.AX  rise as much as 2.4% to
A$2.980, set for best day since Sept 15, if gains hold
    ** The lithium miner says its zero-carbon lithium project in
the Upper Rhine Valley Brine Field, Germany has increased in
size
    ** Co reports reduction of risk in the upstream of Phase I
bridging study, in advance of upcoming study completion and
start of financing
    ** Stock set to snap three consecutive days of losses, if
gains hold
    ** Vulcan stock down 54% YTD, as of last close

    

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))