** Shares of Mandrake MAN.AX rise as much as 26.1% to A$0.029, hitting their highest levels since October 29, 2024
** Stock hits its highest intraday pct gain since June 29, 2023
** The Australia-listed exploration firm signs a non-binding agreement with lithium refiner Stardust Power SDST.O
** Adds that deal is to supply Stardust with 7,500 metric tons of lithium chloride per annum
** Stock up over 18% this year, including the day's move
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com))