Australia's Fortuna rises on exclusion from Malawi's raw mineral export ban

Fortuna Metals

05/02/2026 03:23

** Shares of Fortuna Metals FUN.AX rise as much as 11.1% to A$0.11, their biggest intraday pct gain since January 21

** The miner receives a letter from Malawi government, says restriction of raw mineral exports issued late October 2025 does not apply to the company

** About 1.4 million shares change hands, 2.2 times the 30-day average of 637,546

** Shares up over 40% in January

($1 = 1.4358 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))