BUZZ-Australia's Patagonia Lithium hits nearly a year high on lithium project investment agreement
Reuters
Jan 09
BUZZ-Australia's Patagonia Lithium hits nearly a year high on lithium project investment agreement
** Shares of Australia's Patagonia LithiumPL3.AX jump as much as 29.4% to A$0.11, their biggest intraday pct gain in over two months
** Stock touches its highest level since January 22, 2025
** The mineral explorer says it has signed strategic partnership agreement with Ameerex Corporation for investment in its Formentera lithium project in Argentina
** Ameerex Corporation is a Qatari-owned, U.S.-based co involved in investments in critical transition minerals
** PL3 down 35.7% in 2025
(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))
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