Australia's White Cliff Minerals soars on rare earth elements discovery

White Cliff Minerals

16/01/2023 24:55

** Shares of White Cliff Minerals  WCN.AX  jump as much as
30.8% to A$0.017, their biggest intraday pct gain since Aug. 30,
2022
    ** Mining co says maiden air core drilling at its Hines Hill
REE project in Western Australia has discovered mineralised rare
earth elements clays from surface
    ** Shares touch their highest since Dec. 8, 2022
    ** Volumes are 10.5x the 30-day average of 1.3 mln shares 
    ** Stock fell 12.5% in 2022
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))