BUZZ-Australia's American Rare Earths gains on signing MoU with Novex - XLB News | RalliesBUZZ-Australia's American Rare Earths gains on signing MoU with Novex
X
XLB• American Rare Earths gains after MoU with Novex
- Shares of Australia's American Rare Earths ARR.AX rise as much as 9% to A$0.365
- Stock on track for their strongest session since August 6, if current gains hold
- Critical minerals co says its unit Wyoming Rare (USA) signed memorandum of understanding (MoU) with U.S.-based rare earths metallurgy company Novex
- Says MoU covers conversion of separated rare earth oxides from Halleck Creek Project in Wyoming into metals required to make permanent magnets
- Stock up 4.35% YTD, including session's moves
•
