🟢 Mount Ridley Mines is trading 5% up today after Selectro tests achieved 92% aluminium recovery

Mount Ridley Mines is trading at A$0.05, up 4.55% on October 16, after promising Selectro test results reported October 15.

• The first third-party bauxite test achieved 92% aluminium recovery and 97% iron recovery, producing a small, pH-neutral, silica-rich residue.
• The company plans further optimisation and a demonstration plant; gallium results are expected within a week.
• No volume or independently reported explanation for the October 16 price move was available in the sources reviewed.