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How Will Aquirian’s New JV with Hongda Transform WA’s Detonator Market?
8:30am on Monday 3rd of November, 2025 AEDT
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How Will Aquirian’s New JV with Hongda Transform WA’s Detonator Market?
8:30am on Monday 3rd of November, 2025 AEDT
Key Points
Non-binding 50, 50 joint venture agreement with Hongda for detonator manufacturing
Facility planned to produce up to 10 million electronic detonators annually
Aquirian retains full ownership of Wubin property with expanded storage capacity
Indicative secured debt financing covering 80% of Aquirian’s capital contribution
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