BUZZ-Australia's DY6 Metals rises on buying rutile mine in Africa

Reuters
2025/09/15
BUZZ-Australia's DY6 Metals rises on buying rutile mine in Africa

** DY6 Metals DY6.AX rises as much as 8.3% to A$0.26, highest since September 2

** Heavy rare earths and critical metals explorer buys Yaoundé West Project, which is known to have rutile resources, in Central Cameroon

** Consideration to be satisfied via A$1.5 mln ($998,250) in cash, issuance of 10 mln fully paid ordinary shares in co, in addition to performance rights

** DY6 last up 4.2%, extending YTD surge to 455.6%

($1 = A$1.5026)

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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