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Avenira Accelerates Wonarah Phosphate Project with $7.6M Hebang Investment
4:20am on Monday 2nd of June, 2025 AEST
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Mining
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Avenira Accelerates Wonarah Phosphate Project with $7.6M Hebang Investment
4:20am on Monday 2nd of June, 2025 AEST
Key Points
Site mobilisation for Wonarah DSO Project expected May/June 2025
Mining operations scheduled to commence in Q3 2025 with first shipment in Q4
Secured $7.567 million placement and unsecured loan from Sichuan Hebang, increasing stake to 49%
Revised Mining Management Plan nearing final approval by Northern Territory regulators
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