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Heavy Minerals Seals Hillgrove Deal, Eyes $35m for Garnet Expansion
9:04pm on Friday 30th of January, 2026 AEDT
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Mining
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Heavy Minerals Seals Hillgrove Deal, Eyes $35m for Garnet Expansion
9:04pm on Friday 30th of January, 2026 AEDT
Key Points
Binding agreement signed with Hillgrove Resources for garnet extraction
IHC Mining provides plant designs for 50,000 tonnes per annum garnet production
Port Gregory Pre-Feasibility Study nearing completion, due Q3 2026
Capital raising discussions underway targeting $25-$35 million
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