Australia's Zeotech rises on offtake deal

Zeotech

15/09/2025 02:31

** Shares of Zeotech ZEO.AX advances as much as 9.9% to A$0.100, posting the biggest intraday pct gain since September 4

** Mineral processing tech provider signs exclusive China, South Korea, and Japan kaolin offtake deal with Jiangsu Mineral Sources International Trading

** Deal valued at A$204 mln ($135.72 mln) based on committed volumes and first-year pricing

** Stock last up 6.6%, takes YTD gains to 125.6%

($1 = 1.5031 Australian dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))