BUZZ-Australia's EV Resources jumps on potential boost for Peru project from Chinese export controls

Reuters
11 Feb
BUZZ-Australia's EV Resources jumps on potential boost for Peru project from Chinese export controls

** Shares of EV Resources EVR.AX rise 83.3% to A$0.006, their highest level since July 29, 2024

** Diversified explorer says it has had talks with several U.S.-based parties indicating interest in sourcing molybdenum from its Parag project in Peru

** Last week China said it would restrict exports of five critical metals, including molybdenum

** About 15.6 million shares change hands vs the 30-day average of around 3.5 million

** Stock up 83.3% this year, including the day's move

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com))

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