Australia's American Rare Earths gains on signing MoU with Novex
17/08/2026 02:18
BUZZ-Australia's American Rare Earths gains on signing 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
(Reporting by Shravya Marakini in Bengaluru)
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