Tronox Holdings plc (TROX) shares surged 32.13 percent to $4.95 on Tuesday, rising $1.2050, after announcing it received coordinated non-binding and conditional Letters of Support from Export Finance Australia and the U.S. Export-Import Bank.
TROX is trading at $4.9550 after opening at $4.6500, with shares moving between $4.3000 and $5.2500 so far today on the New York Stock Exchange. Trading volume has surged to 22,427,456 shares, far above the average of 4,018,239.
The stock's 52-week range is $2.8600 to $11.9300, with today's rally pushing it firmly toward the upper half of its yearly trading band.
The letters detail options for financing that could be up to $600 million, aimed at boosting Tronox's rare earth supply chain projects. This includes extending mines, developing infrastructure, and enhancing cracking and leaching capacities.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.