Business
Why the Hawkstone Mining (ASX:HWK) share price opened 43% higher today
The Hawkstone Mining Ltd (ASX: HWK) share price was through the roof this morning. The share price opened 43% higher at 6 cents after the mining company announced a 99.7% lithium purity from minerals extracted at its Big Sandy Project.
At the time of writing, shares in the company have retreated slightly, now swapping hands for 4.8 cents, up 15%. At its previous close, the share price was 4 cents apiece.
The announcement comes after the Hawkestone share price was frozen for two days in a trading halt.
What did Hawkstone Mining announce?
In today’s announcement to the ASX, Hawkstone Mining reported that lithium minerals extracted from its Arizona-based Big Sandy Project produced lithium carbonate at a purity of 99.7%. This figure…
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