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How Will Peak Rare Earths’ A$158m Shenghe Deal Reshape Its Future?

8:32am on Monday 28th of July, 2025 AEST Mining
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How Will Peak Rare Earths’ A$158m Shenghe Deal Reshape Its Future?

8:32am on Monday 28th of July, 2025 AEST
Key Points
  • Binding scheme implementation deed with Shenghe Resources valuing Peak at ~A$158 million
  • Completion of a heavily oversubscribed A$7.5 million entitlement offer
  • Sale of non-core Teesside site for £3.5 million to support project funding
  • Commencement of land compensation payments in Tanzania
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