Australia's RareX rises after project acquisition in East Yilgarn
** Shares of RareX REE.AX rise as much as 65.52% to A$0.024, their highest level since Jan 29
** The rare-earths firm acquires district-scale, niobium-rare earths project in the East Yilgarn, Western Australia
** Co says acquisition supports its goal to develop its 100%-owned Cummins Range, carbonatite-hosted, Rare Earths and Phosphate Project in the future, among others
** About 13.7 mln shares changed hands, 20.7 times the 30-day average volume of shares
** RareX stock has fallen 48.21% this year, as of last close
Reporting by Sherin Sunny in Bengaluru
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