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Australian Rare Earths Raises $3.6M to Fast-Track Uranium and Rare Earth Projects
4:58am on Monday 2nd of June, 2025 AEST
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Mining
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Australian Rare Earths Raises $3.6M to Fast-Track Uranium and Rare Earth Projects
4:58am on Monday 2nd of June, 2025 AEST
Key Points
Full $3.6 million raised via non-renounceable rights issue
93% subscription from existing shareholders, directors fully subscribed
Funds to accelerate Overland Uranium and Koppamurra Rare Earth projects
Geopolitical tailwinds from China export restrictions and Australian government support
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