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Diatreme Sells Cape Flattery Project to Joint Venture, Unlocking $7.4m Funding
9:04am on Monday 13th of April, 2026 AEST
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Diatreme Sells Cape Flattery Project to Joint Venture, Unlocking $7.4m Funding
9:04am on Monday 13th of April, 2026 AEST
Key Points
Cape Flattery Silica Project valued at AUD 26 million in share sale to joint venture
Sibelco to invest up to AUD 9.5 million, including a $4.4 million call option
Diatreme reimbursed AUD 2.1 million for prior takeover costs
Transaction aims to consolidate assets, reduce costs, and enhance community engagement
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