Australia's Axel REE rises on positive results from Brazil project
16/07/2025 05:33
** Shares of Axel REE AXL.AX up 5% at A$0.105, highest since December 11, 2024 ** Critical mineral explorer posts strong gallium and rare earth elements (REE) assay results from Caladão Project in Minas Gerais, Brazil ** Says results demonstrate presence of broad, laterally extensive REE and gallium zones ** Around 2.1 mln shares traded, 5.6x the 30-day avg ** YTD, shares up 41.9%, including current session's moves (Reporting by Ananya Verma in Bengaluru) ((Ananya.Verma@thomsonreuters.com;))