WA1 Resources gains on positive test results from Western Australia project

WA1 Resources

04/02/2025 04:24

** Shares of WA1 Resources  WA1.AX  rise 13.1% to A$14.69
    ** Stock hit its highest level since Dec. 17
    ** Diversified miner announces the first production of
ferroniobium at its West Arunta Project in Western Australia
    ** Ferroniobium is the most established market for niobium
products, accounting for approximately 90% of global niobium
consumption - co
    ** 363,875 shares change hands, 2 times the 30-day average
of 178,334
    ** Stock rose as much as 13.7% to A$14.770 earlier in the
day, marking its biggest intraday gain since Dec. 11
    ** Stock rose nearly 11% YTD, including current session
moves

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))