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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 Mining
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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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