BUZZ-Australia's MTM Critical Metals jumps on deal with US' Indium Corp

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** Shares of MTM Critical Metals MTM.AX rise as much as 35.3% to A$0.092, their biggest intraday gain since Aug. 21 ** Stock hits its highest level since Oct. 29 ** Critical metals explorer announces deal with U.S.-based metals supplier Indium Corp ** Under deal, co will process scrap metals rich in gallium, indium, germanium and tin, provided by Indium ** Says deal "aligns with U.S. efforts to establish a secure domestic supply of critical materials" ** About 17.5 mln shares change hands, compared with the 30-day average volume of around 3.4 mln ** Stock up 30.9% YTD, including session's move (Reporting by Aaditya Govind Rao in Bengaluru) (([email protected];))
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Published Date
29 Nov 2024 at 8:07 AM
Publisher
Refinitiv
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