Australia's Vulcan Energy rises on supply contract with Canada's NESI
05/09/2025 04:17
** Shares of Vulcan Energy Resources VUL.AX rise as much as 8.9% to A$4.02 ** Stock set for strongest session since August 11, if current trends hold ** Lithium explorer signs a supply contract with Canadian electrochemistry company, NORAM Electrolysis Systems (NESI), as the exclusive electrolysis technology supplier for NESI's sustainable lithium Phase One Lionheart Project ** Under agreement, VUL shall carry out pre-commissioning, commissioning and testing of the package supplied by NESI, others ** Stock last up 7.3%, snaps four-session losing streak; down 25.9% YTD (Reporting by Anjali Singh in Bengaluru) ((anjali.singh2@thomsonreuters.com))
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