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Jervois Global Secures US$145M Recapitalization Amid Chapter 11 Process

6:19pm on Sunday 1st of June, 2025 AEST Mining
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Jervois Global Secures US$145M Recapitalization Amid Chapter 11 Process

6:19pm on Sunday 1st of June, 2025 AEST
Key Points
  • US$145 million equity injection from Millstreet Capital Management
  • Pre-packaged U.S. Chapter 11 bankruptcy process initiated
  • Jervois to become a private group with debt converted to equity
  • Ongoing cobalt production and sales amid subdued market conditions
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