Australia's Astron rises on five-year Donald Project offtake deal

Astron

10/11/2026 02:21

** Shares of Astron ATR.AX rise as much as 8.8% to A$0.590, their biggest intraday pct gain since October 28
** The diversified miner signs a binding five-year agreement with Xiamen Xiangyu Logistics covering all heavy mineral concentrate from the Donald Project
** Agreement covers about 250,000 metric tons annually and includes a two-year extension option
** Company can receive a $5 million prepayment within three months of operations starting
** YTD, stock down 15.7%, including the session's moves



 (Reporting by Paridhi Minda in Bengaluru)
 ((Paridhi.minda@thomsonreuters.com;))