** Shares of St George Mining SGQ.AX rise 26.3% to A$0.0240, their highest level since February 20
** Stock set for its strongest session since August 12, 2024 - if current trend holds
** Diversified miner says its Araxá Project in Brazil offers a potential alternative source of supply for rare earths products
** Cites China's export restrictions on rare earths elements causing potential supply chain shock in the U.S. economy, others as reason
** About 57.8 million shares traded in stock's busiest session since February 27
** Stock down 2% YTD, including current session's moves
(Reporting by Manasi Dasa Sundeep in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.