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Nimy Resources Secures $2.75M to Accelerate WA Gallium Breakthrough
9:19am on Wednesday 21st of May, 2025 AEST
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Mining
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Nimy Resources Secures $2.75M to Accelerate WA Gallium Breakthrough
9:19am on Wednesday 21st of May, 2025 AEST
Key Points
Raised $2.75 million via share placement at 8.5 cents per share
Funds to accelerate drilling, metallurgical testing, and offtake talks
Block 3 gallium discovery advancing toward maiden JORC resource
Gallium prices surge above $1,000/kg due to China’s export ban
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