Australia's Lodestar rises on rare earth find at US project

Lodestar Minerals

18/03/2026 03:11

** Lodestar Minerals LSR.AX surges as much as 46.2% to A$0.019, highest since December 10, 2025

** Critical metals explorer confirms Xenotime as dominant rare earth element bearing mineral at Virgin Mountain REE project in Arizona, USA

** Xenotime contains high proportion of dysprosium, terbium, lutetium, which are repeatedly identified by U.S. agencies as critically under-supplied with severe exposure to foreign supply

** Co says find confirms high-grade heavy rare potential for project

** About 99.1 million shares traded, 5.9x the 30-day average

** YTD, LSR gains 58.3%

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))