funded scandium project
07/07/2026 06:45
BUZZ-Australia's Mount Ridley gains on CSIRO co-funded scandium project ** Shares of Australia's Mount Ridley Mines MRD.AX soar as much as 18.2% to A$0.026, their highest level since June 22
** Shares eye their biggest pct gain since March 24
** Mineral exploration co gets co-funding from CSIRO, Australia's national science agency, for A$104,000 ($72,124.00) research project to advance scandium downstream development opportunities
** CSIRO will contribute up to A$50,000, with Mount Ridley co-funding the balance, co says
** Near 2.5 million shares trade hands, about 2.8x 30-day average
** Stock down 24.2% YTD, including session's moves
(Reporting by Roshan Thomas in Bengaluru)
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