middle.news

Boab Metals Secures DeGrussa Plant, Accelerating Sorby Hills Towards H2 2025 FID

4:38am on Monday 2nd of June, 2025 AEST Mining
Read Story

Boab Metals Secures DeGrussa Plant, Accelerating Sorby Hills Towards H2 2025 FID

4:38am on Monday 2nd of June, 2025 AEST
Key Points
  • Binding Sale and Purchase Agreement signed with Sandfire Resources for DeGrussa Plant acquisition at A$10 million
  • Acquisition reduces upfront capital costs and equipment procurement risks for Sorby Hills Project
  • Ongoing financing discussions to complement US$30 million Trafigura prepayment
  • Targeting Final Investment Decision (FID) in H2 2025
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about BML
OPEN ARTICLE