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How Orion’s US$250M Glencore Deal Could Transform Prieska Mine Development

8:51am on Friday 24th of October, 2025 AEDT Mining
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How Orion’s US$250M Glencore Deal Could Transform Prieska Mine Development

8:51am on Friday 24th of October, 2025 AEDT
Key Points
  • Non-binding US$200-250 million financing and offtake term sheet signed with Glencore
  • Appointment of Johan van Dyk as Project Director to lead Prieska development
  • Operational readiness and value engineering progressing at Prieska Copper Zinc Mine
  • A$8.6 million capital raising completed post-quarter to support project execution
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