Australia's Cosmos jumps on agreement with Vulcan for Bolivia lithium exploration
BUZZ-Australia's Cosmos jumps on agreement with Vulcan for Bolivia lithium exploration ** Shares of Cosmos Exploration C1X.AX rise as much as 23.8% to A$0.130, hitting their highest level since July 7
** Stock logs largest intraday pct gain since June 16
** Critical minerals developer signs services agreement with VULTEC, German tech unit of Vulcan Energy Resources VUL.AX
** Says agreement follows the signing of a previous agreement with Bolivian engineering, procurement and construction management firm Construcciones Sepcon SRL
** Adds, both agreements will provide project support, with VULTEC delivering brine testing and SEPCON providing engineering services, among others, to secure future engineering and technical services required to advance lithium aspirations in Bolivia
** More than 640,000 shares change hands, about 2.5x the 30-day average
** Stock last up 9.5%, bringing YTD gains to 13.4%
(Reporting by Subhalakshmi Dey in Bengaluru)
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Australia's Cosmos jumps on agreement with Vulcan for Bolivia lithium exploration