September 24, 2018 / 3:13 AM / 2 months ago

BUZZ-Australia's TNG Ltd loses most in over 2 yrs; Vimson Group to invest in co

** Shares of TNG Ltd fall as much as 14.8 pct to A$0.115, their biggest intra-day percentage fall since April 8, 2016

** The vanadium-titanium-iron explorer says India-based Vimson Group to invest about $10 mln in co

** Also, co to enter in talks with Vimson for potential offtake of 100 pct of its iron ore products it plans to produce at Mount Peak project in Northern Territory

** Stock hits its lowest since July 27

** More than 2.3 mln shares changed hands vs 30-day average of about 490,000 shares

** Up to last close, stock has remained almost flat this year compared with a 4.6 pct increase in the ASX Metals & Mining index

Reuters Messaging: abyjose.koilparambil.thomsonreuters.com@reuters.net

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