middle.news

How Will $300M from China Minmetals Propel Highfield’s Potash Ambitions?

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

How Will $300M from China Minmetals Propel Highfield’s Potash Ambitions?

2:38am on Monday 2nd of June, 2025 AEST
Key Points
  • Non-binding LOI for US$300 million equity subscription from Qinghai Salt Lake
  • Investment conditional on Highfield’s acquisition of Southey potash project in Canada
  • Qinghai Salt Lake to become largest shareholder with controlling influence
  • Funds to accelerate development of Muga potash project and other growth opportunities
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Highfield Resources (ASX:HFR)
OPEN ARTICLE