venture deal for Araxa project

St George Mining

09/01/2025 03:50

** Shares of St George Mining  SGQ.AX  rise as much as 14.3%
to A$0.024, their biggest intraday pct gain since Oct 21
    ** Co signs co-venture with Brazilian scientific agencies
EMBRAPII and SENAI for development of downstream processing and
production of niobium, rare earths at Araxa project in Brazil
    ** 6.8 mln shares traded so far vs 30-day avg of 6.4 mln
    ** Stock fell 26.5% in 2024

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@ThomsonReuters.com))