BUZZ-Australia's Magnetite Mines marks best-ever session on rare earth find

Reuters

2025/08/19

BUZZ-Australia's <a href="https://laohu8.com/S/MGTN.AU">Magnetite Mines</a> marks best-ever session on rare earth find

** Magnetite Mines MGT.AX surges as much as 310.4% to A$0.291; marks biggest ever intra-day pct gain

** Stock hits highest since July 26, 2024

** Mineral explorer finds rare earth element mineralisation at Ironback Hill Project, South Australia's northeast

** About 13.1 mln shares traded - 67.6x 30-day avg - in stock's busiest day ever

** MGT last up 69%, takes YTD gains to 6%

(Reporting by Ananya Verma in Bengaluru)

((ananya.verma@thomsonreuters.com;))

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