Business
Why Galaxy, HUB24, Paradigm, & Telstra shares are pushing higher
In afternoon trade the S&P/ASX 200 Index (ASX: XJO) has followed the lead of US markets and is pushing higher. At the time of writing, the benchmark index is up 0.45% to 6,820.8 points.
Four ASX shares that are climbing more than most today are listed below. Here’s why they are pushing higher:
Galaxy Resources Limited (ASX: GXY)
The Galaxy share price is up 6% to $2.40. On Thursday the lithium producer announced the achievement of battery grade lithium carbonate at its wholly owned brine project in Argentina, Sal de Vida. The company revealed that test results demonstrate that battery grade lithium carbonate can be achieved through a simple, bolt-on process. Positively, this can be seamlessly incorporated into the Stage 1…
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