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LE Minerals Advances $20 Million Graphite Sale Amid MBM IPO Plans

8:19am on Tuesday 16th of June, 2026 AEST Materials
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LE Minerals Advances $20 Million Graphite Sale Amid MBM IPO Plans

8:19am on Tuesday 16th of June, 2026 AEST
Key Points
  • Sale of Burke, Mt Dromedary, Corella graphite projects for $20 million
  • Consideration includes $5 million cash and $15 million in MBM shares
  • Both parties completed due diligence and issued proceed notices
  • MBM targets $15 million IPO and ASX listing as battery materials specialist
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