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VRX Secures EPA Nod and Key Offtake Deals, Pushing Arrowsmith Forward
6:33am on Monday 2nd of June, 2025 AEST
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Mining
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VRX Secures EPA Nod and Key Offtake Deals, Pushing Arrowsmith Forward
6:33am on Monday 2nd of June, 2025 AEST
Key Points
EPA assessment recommends approval for Arrowsmith and North projects despite Conservation Council appeal
Non-binding offtake agreements signed for 440,000 tonnes per annum with major importers in South Korea, Japan, and Taiwan
Independent technical review and project financing discussions underway, with outcomes expected in Q2 2025
Robust mineral resource base of 1.4 billion tonnes supports long-term production potential
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