Australia's St George Mining hits over 2-year high on REE, niobium find in Brazil

St George Mining

03/09/2025 02:03

** Shares of St George Mining SGQ.AX rise as much as 14% to A$0.057, their highest level since early April 2023

** Critical minerals developer finds high-grade rare earths and niobium mineralisation at its Araxá Project in Minas Gerais, Brazil

** About 33.8 mln shares traded, 2.2x the 30-day average

** YTD stock up ~108%, including current session's move

(Reporting by Ananya Verma in Bengaluru)

((ananya.verma@thomsonreuters.com))