Australia's Stelar Metals soars on signing deal to buy Tungsten project
13/05/2026 01:58
** Shares of Stelar Metals SLB.AX rise as much as 40% to A$0.090, hitting their highest level since July 16, 2024 ** Diversified explorer inks earn-in deal to acquire 100% of Hill of Leaders Tungsten project, locate din Northern Territory ** Co to pay A$80,000 in cash and issue 3 million SLB under deal ** Tungsten is used in defence, mining, and semiconductors ** Stock up over 70% this year, including the day's move (Reporting by Rajasik Mukherjee in Bengaluru) ((Rajasik.Mukherjee@thomsonreuters.com))
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Australia's Stelar Metals soars on signing deal to buy Tungsten project