Australia's Zeotech rises on deal with China-based industrial minerals trader

Zeotech

11/08/2025 06:46

** Shares of Zeotech ZEO.AX rise as much as 25.4% to A$0.074, their highest level July 21

** Stock marks biggest intraday pct gain since mid-June, 2024

** Stock currently up 17% at A$0.069

** Mineral processing tech firm signs binding kaolin direct shipping ore (DSO) offtake term-sheet

**  Deal with Jiangsu Mineral Sources International Trading Co, a raw material trading company, helps co secure exclusive rights to market Zeotech's kaolin products across key Asian regions

** About 12.7 mln shares traded, 7.2x the 30-day average

** YTD, stock up 60.5%, including days' move

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))