Australia's WA1 Resources soars on upbeat metallurgical test results for niobium

WA1 Resources

19/06/2024 03:42

** Shares of WA1 Resources  WA1.AX  rise as much as 21.5% to
A$19.7, their biggest intraday gain since Jan. 4
    ** Stock top gainer on the ASX All Ordinaries Index  .AORD  
    ** Diversified miner reports positive metallurgical test
results for niobium mineralisation at its West Arunta Project in
Western Australia
    ** Says results show high-grade niobium concentrate with low
impurities and industry comparable recovery rates can be
produced at project
    ** Stock hits its highest level since June 3
    ** About 442,000 shares change hands, compared with the
30-day average volume of around 372,000
    ** Stock up 56.7% YTD, including session's gains



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))