Australia's Metal Bank slips on Jordan withdrawal amid geopolitical tensions

Metal Bank

15/08/2025 03:44

** Metal Bank MBK.AX slips as much as 8.3% to A$0.011, lowest since August 11

** Mineral explorer says it will withdraw from exploration interests in Jordan

** Adds geopolitical tensions in the region "makes it difficult... to commit shareholder funds to further exploration activities"

** YTD, MBK falls 33.3%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))