Australia's McLaren Minerals rises on rare earths discovery at Barossa project

McLaren Minerals

24/03/2026 01:22

** Shares of Australia's McLaren Minerals MML.AX rise as much as 11.1% to A$0.02, their biggest intraday pct gain since March 11

** The titanium explorer says technical review at Barossa project, South Australia, identified presence of zircon, rutile and monazite along nearly 54 km interpreted shoreline corridor

** Monazite presence indicates potential for rare earth element upside, including magnet rare earth elements such as neodymium and praseodymium, says MML

** MML stock down 24%, YTD

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))