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VHM Secures Long-Term Rare Earths Offtake and A$40 Million Funding from Iluka

8:17am on Thursday 2nd of July, 2026 AEST Mining
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VHM Secures Long-Term Rare Earths Offtake and A$40 Million Funding from Iluka

8:17am on Thursday 2nd of July, 2026 AEST
Key Points
  • Binding offtake agreement for 20-year rare earths supply
  • A$40 million convertible notes funding package secured
  • Iluka’s Eneabba refinery to process Goschen rare earths
  • Partnership aligns with Australian critical minerals strategy
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