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Global market news: 8,700% rally in a day! This little-known Australian stock turns heads with its meteoric jump

Global market news: 8,700% rally in a day! This little-known Australian stock turns heads with its meteoric jump

Kaili Resources, an Australian rare earth miner, saw its shares surge 8,733% to $3.18 on August 18, prompting a trading halt. The spike followed an announcement of drilling approvals in South Australia, potentially attracting investor interest in critical minerals.

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