BUZZ-Aussie lithium stocks drop as US-Ukraine minerals deal in doubt

Reuters
04 Mar
BUZZ-Aussie lithium stocks drop as US-Ukraine minerals deal in doubt

** Shares of Australian lithium miners slump as market doubts minerals deal between the U.S. and Ukraine

** U.S. President Donald Trump has been seeking a minerals deal with Ukraine - home to a trove of lithium deposits and rare earth minerals

** A heated meeting between Trump and Ukrainian President Volodymyr Zelenskiy at the White House on February 28 cast doubt on the potential agreement

** Mineral Resources MIN.AX loses most, down 7.8%

** Pilbara Minerals PLS.AX and Liontown Resources LTR.AX drop 2.8% and 2.3% respectively

** IGO IGO.AX trading 3.7% in the red

(Reporting by Rishav Chatterjee in Bengaluru)

((Rishav.Chatterjee@thomsonreuters.com;))

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