Australia's WA1 Resources hits record high on niobium find in WA project

WA1 Resources

05/06/2023 02:30

** Shares of Australia's WA1 Resources Ltd  WA1.AX  rise as
much as 42.9% to a record high of A$6.7
    ** Stock set to mark best day since Nov 18, if gains hold  
    ** The base metals miner says results for assay and
mineralogical assessments from West Arunta project in Western
Australia indicate presence of high-grade niobium 
    ** The demand for niobium has increased in the recent past
essentially as the world transitions to a low-carbon economy    
     
    ** WA1 Resources stock up 236.20% this year, as of last
close

    

 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))