** Shares of Cobalt Blue Holdings rise as much as 14.5% to A$0.078, their largest intraday pct jump since late June
** Stock posts its highest level since Nov 15
** The green energy exploration firm signs an MoU with Mount Isa City Council to assess solutions for sulphuric acid supply shortage in North West Queensland
** Co says shortage in sulphuric acid supply caused by closure of Glencore Mount Isa copper smelter hinders growth of fertiliser, metallurgical, and chemical sectors in the region
** More than 1.9 mln shares change hands, four times the 30-day avg of around 474,000 shares
** Stock down 69.2% YTD, including current session's moves
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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