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BPH Global Secures $609K, Advances Indonesian Seaweed Expansion with Key Sales Deals
4:32am on Monday 2nd of June, 2025 AEST
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Biotechnology
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BPH Global Secures $609K, Advances Indonesian Seaweed Expansion with Key Sales Deals
4:32am on Monday 2nd of June, 2025 AEST
Key Points
Raised $609,000 via placement with institutional and sophisticated investors
Established wholly owned Indonesian subsidiary with leased processing infrastructure
Secured binding seaweed offtake agreements with Indonesian and Chinese buyers
Advanced R&D on mineral extraction from seaweed in collaboration with Temasek Polytechnic
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BPH GLOBAL (ASX:BP8)
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