Australia's St George Mining rises on strategic alliance for niobium processing

St George Mining

01/04/2026 04:56

** Shares of St George Mining SGQ.AX rise as much as 13% to A$0.13, their highest level since March 18

** Stock set for its strongest intraday trading session since February 23, if gains hold

** The diversified miner and Boston Electrometallurgical Corporation entered a strategic alliance to start trial for innovative niobium processing at Araxa Project, Brazil

** Company says new technology used could deliver cleaner and lower-cost production for niobium

** Stock up 28.8% YTD, including the session's moves

 (Reporting by Shivangi Lahiri in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com))