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Brazilian Critical Minerals slips on Australia legal dispute

ReutersNov 26, 2025 4:57 AM

Shares of Australia's Brazilian Critical Minerals BCM.AX fall as much as 12% to A$0.022

The rare earth elements explorer said on Tuesday it was served a writ of summons in the Supreme Court of Western Australia by Drake Private Investments

Claim by Drake Private Investments relates to alleged breach by co for issuing and pricing of shares

Co disputes Drake's allegations and claimed losses, intends to defend the action

Around 16.2 mln shares change hands, nearly 2.5x 30-day average

BCM up 155.6% YTD

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