Australian stocks rallied on Monday in a positive session for the lithium sector on further consolidation among providers of battery minerals.agreed to pay $136 million to acquire lithium explorer Essential Metals
Fortescue Metals Group has announced the resignation of its long-serving chief financial officer, Ian Wells. The iron ore miner fell 0.8 per cent to $21.63. “Given global equity market returns, combined with overall industry net outflows in 2022, we are pleased that we have been able to withstand these pressures,” GQG said in a statement.
Imugene rose 3 per cent to 17¢ after it received Human Research Ethics Committee approval to start a Phase I clinical trial of its oncolytic virotherapy candidate, Vaxinia, in Australia.
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