Australia's Red Mountain Mining hits 1-1/2-year high on buying US antimony project

Red Mountain Mining

25/09/2025 01:37

** Shares of Australia's Red Mountain Mining RMX.AX rise as much as 46.7% to A$0.022, their highest level since March 13, 2024

** Diversified miner acquires Yellow Pine Antimony Project, located in Idaho, U.S.

** Says project contains all necessary elements for the formation of economic gold-antimony mineralisation

** Stock logs biggest intraday pct gain since Sept. 11, up for a third straight session

** About 20 mln shares change hands, 2.2 times the 30-day avg

** Stock up 66.7%, YTD

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))