Australia's Victory Metals rises on access to large-scale rare-earth carbonate output

By Reuters News

** Shares of Australia's Victory Metals VTM.AX rise as much as 2% to A$1.265, their highest level since November 4

** The rare-earths developer secures access to Curtin University's A$18.4 million ($12.61 million) C4P pilot facility to produce higher-value mixed rare-earth carbonate from its heavy rare-earth concentrate

** Says agreement provides a pathway to large-scale MREC production without building a standalone processing facility

** Stock up 5.9%, YTD, including moves in current session


($1 = 1.4596 Australian dollars)

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