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Australia's Red Mountain Mining surges on buying US antimony project

ReutersSep 11, 2025 1:12 AM

Red Mountain Mining RMX.AX surges as much as 70% to A$0.017, highest since August, 2024

Diversified miner acquires Utah Antimony project, expanding its U.S. critical minerals portfolio

Says project directly adjoins Trigg Minerals' TMG.AX antimony Canyon project, one of the largest and highest-grade antimony projects in the U.S.

Stock sees busiest session since June 27, with ~56.4 mln shares traded - 19.1x the 30-day avg

YTD, RMX gains 44.4%

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