BUZZ-Australia's Vulcan Energy rises on supply contract with Canada's NESI

Reuters
09/05
BUZZ-Australia's <a href="https://laohu8.com/S/VUL.AU">Vulcan Energy</a> rises on supply contract with Canada's NESI

** Shares of Vulcan Energy Resources VUL.AX rise as much as 8.9% to A$4.02

** Stock set for strongest session since August 11, if current trends hold

** Lithium explorer signs a supply contract with Canadian electrochemistry company, NORAM Electrolysis Systems (NESI), as the exclusive electrolysis technology supplier for NESI's sustainable lithium Phase One Lionheart Project

** Under agreement, VUL shall carry out pre-commissioning, commissioning and testing of the package supplied by NESI, others

** Stock last up 7.3%, snaps four-session losing streak; down 25.9% YTD

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com))

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