Australia's White Cliff Minerals hits 2-week high on securing WA project

White Cliff Minerals

24/10/2022 04:16

** Shares of White Cliff Minerals Ltd  WCN.AX  rise as much
as 10.5% to A$0.021, their highest since Oct 13 
    ** The mining company says it has entered into binding
tenement sale agreement to acquire the Lake Tay REE project in
Western Australia  urn:newsml:reuters.com:*:nASX4V70TM
    ** Says project area is considered prospective for Rare
Earth Elements (REE) deposits
    ** Says acquisition is highly complementary to co's existing
REE and lithium projects in Western Australia
    ** White Cliff shares up 18.8% YTD as of last close 
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))