BUZZ-Australia's Pure Resources climbs to 2-year high on US collaboration talks
Reuters
Jan 07
BUZZ-Australia's Pure Resources climbs to 2-year high on US collaboration talks
** Shares of Pure Resources PR1.AX rise as much as 12% to A$0.28, their highest level since November 21, 2023
** The lithium, nickel and gold explorer says investigations and discussions are advancing across several U.S. institutions, and the Department of Energy has funded academic groups
** Seeks progress into thermal management supply chain system and focus on data centre cooling and defence applications
** About 334,000 shares change hands, 6.1 times the 30-day avg
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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