Australia's RareX jumps on collaboration agreement

Rarex

30/05/2025 01:50

** Shares of RareX REE.AX rose as much as 16.7% to A$0.021, their highest since May 20; stock last up 11.1%

** Stock set for its strongest session since May 9, if current trends hold

** Critical minerals co enters into a collaboration agreement with Gega Elements to develop a gallium extraction and refining capability in Australia

** Stock up 122.2% YTD, including current session's moves

(Reporting by Manasi Dasa in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com))