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Metals Australia jumps on increased presence of graphite resource at Canada project

ReutersJul 18, 2025 3:45 AM

Metals Australia MLS.AX jumps as much as 17.7% to A$0.020; set for best session since November 8, 2024

Stock hits highest since May 27

Miner finds ~595% surge in presence of graphitic carbon resources at its Lac Carheil project in Quebec

Says drilling results expected to support multi-decade exploration at site

Stock sees most active session since December 9, 2024, with ~3.8 mln shares traded - ~11x the 30-day avg

MLS last up 14.7%, trimming YTD losses to 15.2%

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