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Southern Cross Gold Positions Sunday Creek at Heart of Australia’s New Critical Minerals Reserve

Story Highlights
  • Australia launches a A$1.2 billion Critical Minerals Strategic Reserve prioritising antimony.
  • Southern Cross Gold’s Sunday Creek project is strategically placed to support national antimony security.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Southern Cross Gold Positions Sunday Creek at Heart of Australia’s New Critical Minerals Reserve

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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) has shared an announcement.

Southern Cross Gold has welcomed the Australian Government’s creation of a A$1.2 billion Critical Minerals Strategic Reserve, which prioritises antimony alongside gallium and rare earth elements to bolster defence and clean energy supply chains and reduce reliance on Chinese and Russian supply. The company highlights that its high‑grade Sunday Creek gold‑antimony project, recently advanced by approval of an exploration decline and backed by strong state and federal policy support in Victoria—Australia’s only current antimony‑producing state—is well placed to contribute to national critical minerals security and AUKUS-aligned supply chains, potentially enhancing its strategic importance and development prospects within the country’s estimated A$200 billion critical minerals endowment.

The most recent analyst rating on (AU:SX2) stock is a Hold with a A$7.60 price target. To see the full list of analyst forecasts on Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs stock, see the AU:SX2 Stock Forecast page.

More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs

Southern Cross Gold Consolidated Ltd is an exploration and development company focused on high‑grade gold and antimony deposits, notably its Sunday Creek project in Victoria, Australia. Operating in a Tier 1 jurisdiction with established mining infrastructure, the company is positioned within Australia’s critical minerals landscape, targeting metals essential to defence, clean energy, and advanced manufacturing supply chains.

Average Trading Volume: 575,307

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.62B

See more insights into SX2 stock on TipRanks’ Stock Analysis page.

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