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Northern Minerals Raises $60.5M to Unlock Browns Range Rare Earths Potential
10:32am on Monday 27th of October, 2025 AEDT
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Mining
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Northern Minerals Raises $60.5M to Unlock Browns Range Rare Earths Potential
10:32am on Monday 27th of October, 2025 AEDT
Key Points
Equity raise of $60.5 million at $0.051 per share
Definitive Feasibility Study confirms 11-year mine life with robust economics
Strategic supply agreement with Iluka Resources to supply heavy rare earth concentrate
Conditional debt support from Export Finance Australia and US Export-Import Bank
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