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3 ASX All Ords mining shares surging on big news


Published on 2025-02-03 22:21:26 - MSN
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  • These mining shares are having a good session. But why? The post 3 ASX All Ords mining shares surging on big news appeared first on The Motley Fool Australia.

The article from MSN Money discusses three ASX All Ordinaries mining companies that have experienced significant stock price increases due to recent developments. Arafura Rare Earths saw its shares surge after securing a $600 million loan from the Australian government to fund its Nolans project, aimed at producing neodymium and praseodymium for electric vehicles and wind turbines. Sayona Mining announced a strategic partnership with Piedmont Lithium, which will see Piedmont invest in Sayona's North American Lithium project, boosting Sayona's shares. Lastly, Liontown Resources received a $550 million funding package from export credit agencies, which is crucial for the development of its Kathleen Valley lithium project, leading to a notable rise in its share price. These developments highlight the growing interest and investment in critical minerals essential for the global energy transition.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/3-asx-all-ords-mining-shares-surging-on-big-news/ar-AA1ymh4g ]
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