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VHM Greenlights Full-Scale 5Mtpa Rare Earths Project Amid Rising Demand

10:12am on Monday 23rd of March, 2026 AEDT Mining
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VHM Greenlights Full-Scale 5Mtpa Rare Earths Project Amid Rising Demand

10:12am on Monday 23rd of March, 2026 AEDT
Key Points
  • Board approves full 5Mtpa development, replacing staged approach
  • All major mining and environmental approvals secured
  • Strong backing from Australian and US export finance agencies
  • Capital cost refresh underway ahead of mid-2026 final investment decision
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