Australia's OD6 Metals soars on plan to buy U.S. fluorspar projects

OD6 Metals

04/03/2026 02:43

** Shares of Australia's OD6 Metals OD6.AX jump 70.4% to A$0.092, on track for their best day since mid-August 2025

** Stock hits highest since December 9

** Rare earths and copper miner enters into an exclusive option agreement to buy high-grade, district scale fluorspar projects in Nevada, US

** Co says fluorspar's status as a designated U.S. critical mineral makes the acquisition a compelling opportunity given the United States' import reliance and prioritization of greater domestic production

** OD6 up 8.2% YTD

($1 = 1.4178 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))