Refile: BUZZ-Australia's Fortuna Metals rises on positive MRE at Malawi rutile-graphite project
15/07/2026 04:49
REFILE-BUZZ-Australia's Fortuna Metals rises on positive MRE at Malawi rutile-graphite project Corrects company name in the headline
** Shares of Australia's Fortuna Metals FUN.AX rise as much as 4.8% to A$0.11, their highest level since July 7
** The stock is set for a second consecutive session of gains, if the trend holds
** Mineral explorer says maiden Mineral Resource Estimate (MRE) at Mkanda rutile and graphite project in Malawi, Africa, confirmed significant rutile-graphite resource
** Adds estimate contains 2.59 million metric tons of rutile, placing Mkanda among the six largest rutile deposits globally
** Stock up 34.2% YTD, including the session's moves
(Reporting by Subhalakshmi Dey in Bengaluru)
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