BUZZ-Australia's Minbos Resources hits over two-week high on Angola ammonia deal
Reuters
Oct 27, 2025
BUZZ-Australia's Minbos Resources hits over two-week high on Angola ammonia deal
** Shares of Australia's Minbos Resources MNB.AX rise as much as 13% to A$0.052, their highest level since October 10
** The nutrient supply firm executes binding heads of agreement with Talus Renewables Inc., to jointly develop the Capanda green ammonia project in Angola
** Under agreement, the parties will jointly submit a bid into a prominent European green ammonia procurement process
** Stock marks its biggest intraday pct jump since August 1
** YTD, shares down 13.6%
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))
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