** Shares of Axel REE AXL.AX rise 14% to A$0.057
** Stock set for its strongest session since December 11, if gains hold
** The rare-earths elements explorer says it has identified high-grade rare-earths elements intercepts and gallium mineralization in the Caladão project in Brazil
** Around 4.5 mln shares traded in stock's busiest session since December 17, 2024
** Stock down 21.6% YTD, including current session's moves
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))