BUZZ — Australia's Orbit Resources shares jump on Matrix IPO to spin off rare earths project
* Shares of Orbit Resources climb as much as 12.5% to A$0.018, marking their strongest intraday percentage gain since September 14 * Critical minerals explorer says Matrix Critical Minerals has opened an IPO to raise up to A$12 million ($8.35 million) * IPO is part of OBT's plan to spin-off its Narraburra Rare Earths P