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Basin Energy Secures $1.25M to Unlock Queensland’s Uranium and Rare Earth Potential

12:55am on Saturday 30th of August, 2025 AEST Mining
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Basin Energy Secures $1.25M to Unlock Queensland’s Uranium and Rare Earth Potential

12:55am on Saturday 30th of August, 2025 AEST
Key Points
  • Acquisition of NeoDys grants 5,958 km² tenure in Mount Isa region
  • Portfolio includes drill-ready uranium and rare earth element targets
  • Secured $1.25 million in oversubscribed placement at 9% premium
  • Queensland Government grant of $150,000 supports exploration
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