BUZZ-Australia's Lunnon Metals rises on agreement With Ngadju people

Reuters

01-09

BUZZ-Australia's Lunnon Metals rises on agreement With Ngadju people

** Lunnon Metals LM8.AX rises as much as 5% to A$0.210; set for biggest intraday pct gain since Dec. 31, 2024

** Minerals explorer signs agreement with Ngadju Native Title Aboriginal Corporation (NNTAC), covering relevant parts of its Kambalda gold and nickel project in Western Australia

** Says agreement establishes terms by which the Ngadju people can benefit directly from development of co’s gold and nickel portfolio

** LM8 fell 58.3% in 2024

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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