Wedoany.com Report on Mar 9th, St George Mining Limited will be included in the S&P/ASX All Ordinaries Index on March 23, 2026, a move that marks the company's significant growth following its acquisition of the Araxá Rare Earths-Niobium Project in Brazil. Upon inclusion, St George Mining will become one of the top 500 companies by market capitalization on the Australian Securities Exchange (ASX), which is expected to enhance its visibility among index funds and institutional investors.

The company stated that joining the All Ordinaries Index reflects market recognition of its status as a rare earths and niobium developer, with increasing investor interest in its wholly-owned Araxá Project. Since acquiring the project in February 2025, St George Mining's market capitalization has grown approximately 20-fold, reaching around US$500 million.

St George Mining noted that index inclusion is expected to improve stock liquidity and attract greater attention from domestic and international investors. The All Ordinaries Index is a long-standing Australian stock market indicator that tracks the 500 largest listed companies by market capitalization on the ASX.

Executive Chairman John Prineas said, "Joining the All Ordinaries Index is a significant milestone in St George's development, recognizing the ongoing progress at the Araxá Project and market confidence in our strategy. This achievement is a result of the team's efforts in exploration, resource upgrading, and project development."

Prineas added, "Last week's resource upgrade increased total rare earth oxide resources to 70.91 million tonnes and niobium resources to 95.47 million tonnes, confirming the deposit's high quality and open-pit mining potential. The Araxá Project is located in Minas Gerais, Brazil, a region with a well-established history of niobium production, convenient infrastructure, and a skilled workforce, which will help accelerate the path to production."

St George Mining recently reported a substantial upgrade to the Mineral Resource Estimate for the Araxá Project, with resources increasing by 75% compared to the previous estimate. The updated data shows a deposit grade of 4.06% Total Rare Earth Oxides and 0.62% Niobium Pentoxide at a 2% TREO cut-off grade. This expansion is attributed to extensive drilling activities conducted since mid-2024.