Midwest

July 7 (Reuters) - Midwest Ltd MIDW.NS:

• MIDWEST - SIGNS MOU TO DEVELOP CRITICAL MINERALS AND RARE EARTH RESOURCES IN INDONESIA

Source text: ID:nBSE4fKLh0

Further company coverage: MIDW.NS

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CHICAGO, June 3 (Reuters) - Chicago Board of Trade soybean futures dropped for a fourth straight session on Wednesday as beneficial weather aided yield prospects for the newly planted crop.

• Mild weather and some showers in parts of the U.S. Midwest limited dryness concerns for the region's crops, according to Commodity Weather Group.

• Soybeans retreated despite renewed hostilities in the Middle East and a lack of clear progress in talks between Tehran and Washington. O/R

• Soybean futures often track crude oil prices, as the oilseed is commonly used as a feedstock for biofuels, but grains have reacted less sharply to crude prices since last month as seasonal supply considerations have come into focus.

• CBOT July soybeans SN26 settled 11-1/4 cents lower at $11.54 per bushel.

• CBOT July soymeal SMN26 ended $5.40 cents lower at $326.20 per short ton.

• CBOT July soyoil BON26 rose 0.30 cent to finish at 78.71 cents per pound.

(Reporting by Renee Hickman; Editing by David Gregorio)

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** Midwest MIDW.NS jumps as much 8.29% to 1,425 rupees; on track for biggest intraday pct gain since March 10

** Stock last up 5.6%

** Natural stone and mining co selected as lead partner for rare-earth elements pilot plant project by Kerala government

** Project involves processing monazite-rich tailings into rare-earth mixed compounds and downstream separation of rare-earth elements

** Co did not disclose project's financial value or expected investment details

** Trading vols at 139,295 shares, more than 3.5x the 30-day average

** YTD, MIDW down 23.5%

(Reporting by Surbhi Misra in Bengaluru)

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May 6 (Reuters) - Midwest Ltd MIDW.NS:

• MIDWEST LTD - SELECTED AS LEAD CONSORTIUM PARTNER FOR RARE EARTH ELEMENTS PILOT PROJECT

Source text: ID:nBSE8KgRdF

Further company coverage: MIDW.NS

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Jan 7 (Reuters) - Midwest Ltd MIDW.NS:

• COMPANY RECEIVES QUARRY LEASE WORK ORDER IN ANDHRA PRADESH

Source text: ID:nBSE9THdv5

Further company coverage: MIDW.NS

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** Mining co Midwest's MIDW.NS stock rises 4% to record 1,693 rupees

** Brokerage Motilal Oswal initiates coverage on stock with "buy" rating, sets PT at 2,000 rupees

** Says co remains dominant black galaxy granite player, commanding nearly 64% of India’s granite export share in FY25

** Adds, co well-positioned to benefit from rising black galaxy export demand, domestic demand for absolute black granite

** Over FY25-28E, sees co's adj PAT to rise 56% CAGR

** MIDW up 48% since listing on Oct 24

(Reporting by Komal Salecha)

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** India's mining company Midwest MIDW.NS rises as much as 11.7% to 1,190 rupees in debut trade

** Stock listed at 1,165 rupees vs issue price of 1,065 rupees

** The 4.51 billion rupee ($51.31 million) IPO was subscribed 87.89 times, with strong interest across investor categories

** Midwest, which has 20 mining leases and five processing units across India, gets 96% of its revenue from natural stone sales

** "Company has secured licenses to mine rare earth minerals, adding further potential to its growth prospects," Ventura Securities says

** Adds that the company also has plans for a quartz processing plant, which could make it a major player in the solar and semiconductor industries

** About 3.3 million shares traded so far on the day

($1 = 87.8950 Indian rupees)

(Reporting by Vivek Kumar M)

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