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(Reuters) - Lithium producer Sayona Mining and its U.S.-based partner Piedmont Lithium Inc approved restart of their spodumene plant in Canada at a cost of C$98 million ($76.19 million), the Australian company said on Tuesday.
Shares of Sayona Mining jumped nearly 18% to A$0.165 by 0527 GMT, hitting their highest since June 7, while the broader market rose more than half a percent.
The proposed upgrade and restart of the Québec-based North American Lithium (NAL) operation have been funded t...
>>> Read more: Australia's Sayona, partner approve restart of Quebec lithium plant operation
Shares of Sayona Mining jumped nearly 18% to A$0.165 by 0527 GMT, hitting their highest since June 7, while the broader market rose more than half a percent.
The proposed upgrade and restart of the Québec-based North American Lithium (NAL) operation have been funded t...
>>> Read more: Australia's Sayona, partner approve restart of Quebec lithium plant operation
