** Shares of WA1 Resources WA1.AX rise 13.1% to A$14.69
** Stock hit its highest level since Dec. 17
** Diversified miner announces the first production of ferroniobium at its West Arunta Project in Western Australia
** Ferroniobium is the most established market for niobium products, accounting for approximately 90% of global niobium consumption - co
** 363,875 shares change hands, 2 times the 30-day average of 178,334
** Stock rose as much as 13.7% to A$14.770 earlier in the day, marking its biggest intraday gain since Dec. 11
** Stock rose nearly 11% YTD, including current session moves
(Reporting by Manasi Dasa Sundeep in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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