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Victory Metals Secures Over US$200M to Advance Rare Earths Project
9:25am on Thursday 10th of July, 2025 AEST
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Mining
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Victory Metals Secures Over US$200M to Advance Rare Earths Project
9:25am on Thursday 10th of July, 2025 AEST
Key Points
North Stanmore Mineral Resource Estimate upgraded to include Gallium
US$10 million loan facility secured from Saudi Arabia’s Sanabil Investments
US Export-Import Bank Letter of Interest for up to US$190 million project financing
Completed $4 million placement supported by management and top shareholders
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