Australia's Summit Minerals jumps on Brazil rare earths project expansion

Western Ridge Resources

08/08/2024 06:31

** Shares of Summit Minerals  SUM.AX  rise as much as 18.2%
to A$0.195; set for best day since July 31, if gains hold     
    ** Mineral explorer says it expanded its Equador Niobium and
Rare Earth Elements Project situated in northeast Brazil
    ** Adds its acquired 6 new tenements, in the Paraiba and Rio
Norte States of Brazil, increasing its land holding in the
region by 1,555 hectares
    ** Stock hits highest level since Aug 1    
    ** SUM up 66.7% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))