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Mindax Moves to Full Control of Mt Forrest Iron Project with $1.6M Capital Boost
12:42pm on Wednesday 29th of October, 2025 AEDT
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Mining
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Mindax Moves to Full Control of Mt Forrest Iron Project with $1.6M Capital Boost
12:42pm on Wednesday 29th of October, 2025 AEDT
Key Points
Executed option to acquire Norton's 35% stake in Mt Forrest iron ore project
Raised A$1.6 million via share placement to fund project acceleration
Ongoing discussions for Mid-West Shared Infrastructure Project to support ore transport
Issued shares and options to consultants for technical and economic assessment
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